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FalconX Cuts 10% of Staff and Shifts Singapore Strategy Amid Crypto Slump
Digital asset brokerage firm FalconX has reduced its global workforce by approximately 10% as it prepares for a sustained downturn in the cryptocurrency markets. According to reports from Bloomberg on August 3, 2026, th…
Coinbase Expands Singapore Presence with New Office and Hiring Drive
Nasdaq-listed cryptocurrency exchange Coinbase has inaugurated a new office in Singapore, signaling a strategic expansion in the Asia-Pacific region. Despite recent global workforce adjustments, the digital asset giant …
Cumberland DRW Secures Major Payment Institution License in Singapore
Cumberland, a prominent global provider of liquidity and institutional trading solutions for digital assets, has officially announced that its Singapore-based subsidiary, Cumberland SG Pte. Ltd., has been granted a Majo…
Singapore Regulator Revokes Bsquared Technology Payment License
The Monetary Authority of Singapore (MAS) has officially revoked the major payment institution license of Bsquared Technology (BSQ), a prominent local digital asset liquidity service provider. The regulatory action foll…
Singapore Police Intercept 2.86 Million Yuan in Crypto Fraud Operation
The Singapore Police Force has successfully concluded a high-stakes special operation targeting digital asset fraud, resulting in the recovery of significant illicit funds. Between March 16 and April 15, 2026, law enfor…
Robinhood Secures In-Principle Approval for Singapore Expansion
The financial services platform Robinhood Markets, Inc. has achieved a significant regulatory milestone in its international expansion strategy. The Monetary Authority of Singapore (MAS) has granted in-principle approva…
Ripple Tests RLUSD Stablecoin in Singapore Trade Finance Sandbox
Ripple’s Singapore-based subsidiary has received approval from the Monetary Authority of Singapore (MAS) to enter the Financial GPU Sandbox. This regulatory milestone allows the blockchain company to begin live testing …
Singapore Reports Rise in Crypto Scams with $3.2 Million Lost in 2025
The Singapore Police Force (SPF) released a report on March 8, 2026, highlighting a significant increase in cryptocurrency-related fraudulent activities over the past year. According to the data, victims in the city-sta…