The authorities raised concerns about ‘commercial’ crypto draining kits, which allow novice cybercriminals to arm up with sophisticated malware at no upfront costs. Read more »
MAS is also working to restrict crypto service providers from facilitating lending or staking for retail customers, but not for institutional ones. Read more »
A ruling from Singapore’s High Court originally allowed Zipmex a moratorium until December 2022 to handle debt relief amid reported liquidity issues. Read more »
Binance recently rebranded its custody arm, now called Ceffu, which launched in Singapore in November 2022. Read more »