singapore

Singapore Will tax the Income Generated from NFT transactions.

According to Singapore Finance Minister Lawrence Wong, the current income tax regulations apply to income received through NFT transactions and…

3 years ago

Singapore To Charge Income Tax On NFTs

Non-fungible tokens, or NFTs, would be taxed under Singapore's current income tax regulations, said Finance Minister Lawrence Wong in Parliament…

3 years ago

Paxos Now Has the Approval to Operate Digital Payments Token Services

Paxos is the first firm get the token services approval The Monetary Authority of Singapore (MAS) has given Paxos, the…

3 years ago

Sanctions against Russian banks and cryptocurrency transactions have been imposed by Singapore

Singapore will implement unilateral sanctions against Russia, marking the first time in decades that the city-state has sanctioned a foreign…

3 years ago

DBS To Launch A Retail Digital Asset Trading Desk By The End Of 2022.

DBS CEO Piyush Gupta believes there is still a lot of work needs to be done, but the platform should…

3 years ago

Singapore isn’t exactly the promised land for virtual currency business

Singapore isn't exactly the promised land for virtual currency business Singapore attracts cryptocurrency mining and trading companies due to its…

3 years ago

MAS (Monetary Authority of Singapore) Tries To Prohibit Public Crypto-Related Advertisements

The Monetary Authority of Singapore (MAS) has issued new regulations aimed at reducing retail speculation in a variety of risky…

3 years ago

Singapore’s Next-Gen Tycoons Join the NFT Craze With the Launch of a Collaboration Platform for Entrepreneurs

Kiat Lim, the son of Singaporean billionaire Peter Lim, has joined the non-fungible token (NFT) trend by launching a private…

3 years ago

Binance shut down its Singapore trading platform.

Binance Asia Services Ltd., the Singapore subsidiary of the world's biggest cryptocurrency exchange, has dropped its proposal to operate a…

3 years ago

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