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Sony Bank Plans US Dollar Stablecoin to Support Game, Anime Payments by 2026
Sony Bank is developing a US dollar-backed stablecoin aimed at simplifying payments across Sony’s entertainment ecosystem. The project is currently under regulatory review in the US and is being built with stablecoin provider Bastion. Sony has already begun experimenting with crypto payments, including enabling USDC purchases in Singapore, signal...
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Probe Agency ED Conducts Raids In Multiple Cities In Money Laundering Case
The Enforcement Directorate (ED) on Wednesday conducted search operations in various cities, including Mumbai, Bengaluru, Jalandhar, Indore and Kolkata, in connection with its probe into alleged money laundering in a firm.
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Sony Online Store Begins Accepting USDC via Crypto.com Pay in Singapore
Sony Electronics has teamed up with Crypto.com to accept USDC payments in Singapore. The development aligns with the tech giant’s efforts to keep up with Web3-focussed fintech advancements, its announcement said.
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World's Longest Nonstop Flights To Get $821 Million Luxury Upgrade
The world's longest nonstop commercial flights are getting a major upgrade. Singapore Airlines (SIA) recently announced a multi-year program worth 1.1 billion Singapore dollars (about $821 million).
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Singapore Denies Speculations On Taylor Swift Concert Grants
Singapore said Monday its grant to Taylor Swift for her concerts in the city was nowhere near as high as speculated, following media reports that the superstar was offered millions of dollars per gig.
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Boeing, Airbus Struggle To Deliver Planes As Supply Chain Disruptions Persist
Boeing and Airbus struck deals to sell billions of dollars' worth of planes at this week's airshow in Singapore, but supply chain disruptions mean they may struggle to deliver them on time, analysts said.
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Indian-Origin Singer Fined For Molesting Crew Member In Singapore
A 42-year-old Indian-origin singer was fined 3,000 Singaporean dollars for molesting a female freelance production crew member after a show at the Mediacorp Campus in Singapore, according to a media report on Tuesday.
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Singapore’s Stablecoin Regulatory Framework Announced: All Details
The Monetary Authority of Singapore (MAS) has announced rules for the regulation of stablecoins. Web3 firms that wish to issue stablecoins in Singapore will have to ensure that they maintain minimum base capital and liquid assets. The country aims to avoid companies being exposed to the risks of collapse and insolvency.
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Singapore’s Fomo Pay Partners Ripple to Add Crypto-Power to Cross-Border Payments
Fomo Pay, the online payment major from Singapore has inked a deal with Ripple to enable quick and cost-efficient payments regardless of geographical borders. The US dollar and the Euro are the two fiat currencies that have been chosen by Fomo Pay for Ripple-backed instant oversees transactions. The Singaporean fintech giant has over 10,000 custome...
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Three Arrows Capital’s Collapse Leaves Singapore’s Crypto Sector Bracing for Bankruptcy
Three Arrows Capital’s recent collapse had made Singapore's ambitious cryptocurrency sector face an uncertain future. Crypto players are bracing for further bankruptcies and legal tussles. 3AC collapsed after the global downturn in digital currencies left it unable to meet hundreds of millions of dollars in obligations.
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2 Women Say Indian-Origin Cop In Singapore Divorced Them After Taking Dowry
An Indian-origin police officer is under investigation in Singapore over allegations of taking dowries worth thousands of dollars to marry two women and then divorcing them but not returning any cash and valuables, according to a media report.
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Singapore Jails Indian-Origin Man For Trying To Bribe Cops After Accident
An Indian-origin Malaysian man on Wednesday was sentenced to four weeks in jail and fined 5,000 Singapore dollar(SGD) for trying to bribe a Traffic Police officer for being involved in an accident when he was drunk.
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NFT Startup Immutable Valued at $2.5 Billion in Temasek-Led Financing
Australian NFT startup Immutable has raised fresh funding from investors led by Singapore's Temasek in a round that values it at $2.5 billion (roughly Rs. 19,200 crore), the company said, as it taps a surge in interest in cryptocurrency and NFT ventures.
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Rs 16 Crore Raised In Singapore For Treatment Of Indian-Origin 2-Year-Old
A two-year-old boy of Indian origin in Singaporerecovered from a rare neuromuscular disease and regained the ability to walk with the help of Singaporeans who donated nearly 30 lakh Singapore dollars (Rs 16.68 crore) for his expensive treatment.
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Indian-Singaporean Sentenced To 21 Months' Probation For Ill-Gotten Gains
A 22-year-old Indian-origin man in Singapore was sentenced to 21 months of probation, while his parents were bonded for 5,000 dollars to ensure his good behaviour, after he was found guilty of receiving ill-gotten gains of another person.
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Sony Bank Plans US Dollar Stablecoin to Support Game, Anime Payments by 2026
Sony Bank is developing a US dollar-backed stablecoin aimed at simplifying payments across Sony’s entertainment ecosystem. The project is currently under regulatory review in the US and is being built with stablecoin provider Bastion. Sony has already begun experimenting with crypto payments, including enabling USDC purchases in Singapore, signal...
-
Probe Agency ED Conducts Raids In Multiple Cities In Money Laundering Case
The Enforcement Directorate (ED) on Wednesday conducted search operations in various cities, including Mumbai, Bengaluru, Jalandhar, Indore and Kolkata, in connection with its probe into alleged money laundering in a firm.
-
Sony Online Store Begins Accepting USDC via Crypto.com Pay in Singapore
Sony Electronics has teamed up with Crypto.com to accept USDC payments in Singapore. The development aligns with the tech giant’s efforts to keep up with Web3-focussed fintech advancements, its announcement said.
-
World's Longest Nonstop Flights To Get $821 Million Luxury Upgrade
The world's longest nonstop commercial flights are getting a major upgrade. Singapore Airlines (SIA) recently announced a multi-year program worth 1.1 billion Singapore dollars (about $821 million).
-
Singapore Denies Speculations On Taylor Swift Concert Grants
Singapore said Monday its grant to Taylor Swift for her concerts in the city was nowhere near as high as speculated, following media reports that the superstar was offered millions of dollars per gig.
-
Boeing, Airbus Struggle To Deliver Planes As Supply Chain Disruptions Persist
Boeing and Airbus struck deals to sell billions of dollars' worth of planes at this week's airshow in Singapore, but supply chain disruptions mean they may struggle to deliver them on time, analysts said.
-
Indian-Origin Singer Fined For Molesting Crew Member In Singapore
A 42-year-old Indian-origin singer was fined 3,000 Singaporean dollars for molesting a female freelance production crew member after a show at the Mediacorp Campus in Singapore, according to a media report on Tuesday.
-
Singapore’s Stablecoin Regulatory Framework Announced: All Details
The Monetary Authority of Singapore (MAS) has announced rules for the regulation of stablecoins. Web3 firms that wish to issue stablecoins in Singapore will have to ensure that they maintain minimum base capital and liquid assets. The country aims to avoid companies being exposed to the risks of collapse and insolvency.
-
Singapore’s Fomo Pay Partners Ripple to Add Crypto-Power to Cross-Border Payments
Fomo Pay, the online payment major from Singapore has inked a deal with Ripple to enable quick and cost-efficient payments regardless of geographical borders. The US dollar and the Euro are the two fiat currencies that have been chosen by Fomo Pay for Ripple-backed instant oversees transactions. The Singaporean fintech giant has over 10,000 custome...
-
Three Arrows Capital’s Collapse Leaves Singapore’s Crypto Sector Bracing for Bankruptcy
Three Arrows Capital’s recent collapse had made Singapore's ambitious cryptocurrency sector face an uncertain future. Crypto players are bracing for further bankruptcies and legal tussles. 3AC collapsed after the global downturn in digital currencies left it unable to meet hundreds of millions of dollars in obligations.
-
2 Women Say Indian-Origin Cop In Singapore Divorced Them After Taking Dowry
An Indian-origin police officer is under investigation in Singapore over allegations of taking dowries worth thousands of dollars to marry two women and then divorcing them but not returning any cash and valuables, according to a media report.
-
Singapore Jails Indian-Origin Man For Trying To Bribe Cops After Accident
An Indian-origin Malaysian man on Wednesday was sentenced to four weeks in jail and fined 5,000 Singapore dollar(SGD) for trying to bribe a Traffic Police officer for being involved in an accident when he was drunk.
-
NFT Startup Immutable Valued at $2.5 Billion in Temasek-Led Financing
Australian NFT startup Immutable has raised fresh funding from investors led by Singapore's Temasek in a round that values it at $2.5 billion (roughly Rs. 19,200 crore), the company said, as it taps a surge in interest in cryptocurrency and NFT ventures.
-
Rs 16 Crore Raised In Singapore For Treatment Of Indian-Origin 2-Year-Old
A two-year-old boy of Indian origin in Singaporerecovered from a rare neuromuscular disease and regained the ability to walk with the help of Singaporeans who donated nearly 30 lakh Singapore dollars (Rs 16.68 crore) for his expensive treatment.
-
Indian-Singaporean Sentenced To 21 Months' Probation For Ill-Gotten Gains
A 22-year-old Indian-origin man in Singapore was sentenced to 21 months of probation, while his parents were bonded for 5,000 dollars to ensure his good behaviour, after he was found guilty of receiving ill-gotten gains of another person.
