Catenaa, Tuesday, December 31, 2024 – The Further Upgrade Protocol of the China-Singapore Free Trade Agreement (CSFTA) officially came into effect today, December 31, 2024, marking a milestone in deepening economic ties between the two countries. China’s Ministry of Commerce announced that the agreement aligns with high-standard international trade rules and significantly opens service trade […]
Catenaa, Wednesday, April 16, 2025-Hong Kong’s residential rental market, traditionally slow due to weak demand, is experiencing a resurgence thanks to a wave of professionals from the crypto and hedge fund sectors. A new report from property consultancy Savills Hong Kong revealed that the first quarter of 2025 saw leasing activity focused on Kowloon and […]
Catenaa, Friday, March 07, 2025-Digital asset custodian Hex Trust has received a Major Payment Institution (MPI) license from Singapore’s Monetary Authority (MAS), allowing the firm to offer regulated digital payment token services and cross-border money transfers. The full license, granted on March 1, 2025, follows the company’s initial approval in July 2024. Hex Trust sees […]
Catenaa, Saturday, April 12, 2025-More than half of cryptocurrency holders in Singapore use their digital assets for everyday transactions, according to a recent report by Straits Times. The study, published on April 8, 2025, revealed that 52% of crypto owners in Singapore have already used cryptocurrencies for payments, while 67% intend to do so in […]
Catenaa, December 26, 2024 – Singapore and Hong Kong have emerged as key players in cryptocurrency regulation in 2024, implementing frameworks for exchanges, stablecoins, and asset tokenization. Singapore strengthened its oversight in April, introducing stricter rules for crypto custodial services and tokenized payments. The Monetary Authority of Singapore’s Project Guardian has completed over 15 industry […]
Catenaa, Friday, February 28, 2028-Metro, a leading department store chain in Singapore, has partnered with Dtcpay to integrate stablecoin payments, allowing customers to transact using USDT, USDC, and WUSD. The retailer plans to add FDUSD soon, marking a significant step in the adoption of blockchain-based payments in mainstream retail. Metro’s COO, Erwin Wuysang-Oei, stated the […]
SINGAPORE, Tuesday, April 9, 2024- Singapore’s Monetary Authority of Singapore (MAS), has implemented licensing requirements for companies offering crypto custodial services. The regulations, passed by parliament in 2021 but activated on April 4, 2024, aim to bring greater transparency and consumer protection to the burgeoning crypto sector. Under the new rules, firms holding clients’ digital […]
Catenaa, Thursday, April 17, 2025-WazirX, India’s largest cryptocurrency exchange, has taken a significant step toward recovery after a devastating $235 million hack, with over 93% of creditors voting in favor of its proposed restructuring plan. The approval clears a key hurdle in WazirX’s effort to recover from the attack, which was attributed to North Korean […]