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Singapore Woman Dies A Day After Accusing Indian Worker Of Faking Workplace Injury For Compensation
A woman in Singapore died on Saturday, a day after posting accusations on Facebook against an Indian employee, alleging she faked a workplace injury to claim compensation.
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Singapore Faces "Serious" China-Linked Cyberattack
Singapore announced it was battling a "serious" cyberattack against its critical infrastructure, attributing the hack to an espionage group that experts have linked to China.
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WazirX Restructuring Plan Rejected By Singapore High Court; Crypto Firm to Appeal Decision
WazirX users affected by the $230 million (roughly Rs. 1,970 crore) hack are set to face further delays before their money is reimbursed. On Wednesday, the Singapore High Court rejected the crypto exchange's restructuring scheme, despite it receiving approval from creditors in April. WazirX requires the court's permission to execute the restructuri...
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Singapore Directs Crypto Firms to Halt Overseas Operations in Crackdown on Unlicensed Providers
The Monetary Authority of Singapore (MAS), recently outlined certain requirements to be fulfilled by the "Digital Token Service Providers (DTSPs) in Singapore, in order to establish more control over crypto-related services. The MAS has also decided to limit licensing for DTSPs.
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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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UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
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Crypto Storage Provider Liminal Custody Registers Indian Entity with Financial Intelligence Unit
Liminal Custody's Indian entity ‘First Answer India Technologies Private Limited’ is now officially registered with India’s Financial Intelligence Unit (FIU). The company aims to use the FIU registration to serve institutional clients across India as a trusted entity.
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Metaverse Experience Centre With VR, AR and Immersive Technologies Launched in Noida
Indian metaverse research and advisory firm Metaverse911 has launched its Metaverse Experience Centre in Noida. Here visitors will be able to indulge in immersive technologies that include AR and VR that make for essential metaverse components.
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PhonePe Users Can Now Make Payments Through UPI In Singapore
Fintech firm PhonePe on Wednesday said its users can now make payments through UPI in Singapore under a pact signed by the company with The Singapore Tourism Board.
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Bankers In India To Get Higher Salary Increases Than Singapore, Hong Kong
Finance professionals in India are in line for higher salary hikes than those in Hong Kong and Singapore this year, underscoring how firms are tapping the nation's economic boom as China slows, according to Bloomberg Intelligence.
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Asian Games 2023: India Maul Singapore 16-1 In Men's Hockey
Firm favourites India had earlier blanked lowly Uzbekistan 16-0 in their tournament opener on Sunday.
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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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EU Lobbies Asian Countries to Regulate AI Tech Firms, Said to Get Lukewarm Response
The European Union's efforts to lobby governments in Asia — including India, Japan, South Korea, Singapore, and the Philippines — to implement stringent rules to rein in and regulate AI technology firms are being met with a lukewarm response. The bloc wants its proposed AI Act to become a global benchmark for regulating AI, like its GDPR laws, ...
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Indian Jailed For Cheating Singapore Construction Company Of 5.1 Million
An Indian national has been sentenced to 30 months in jail for allegedly making illegal payments of over SGD 5.1 million from a construction company where he worked to firms linked to him.
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Elon Musk Shuts Two Twitter India Offices Months After Firing Over 90 Percent of Staff in India: Report
Twitter India has shut down two out of three offices in the country, months after Elon Musk laid off over 90 percent of the company's workforce in the country. The firm reportedly continues to operate its third office in Bengaluru that mostly houses engineers.
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Singapore Woman Dies A Day After Accusing Indian Worker Of Faking Workplace Injury For Compensation
A woman in Singapore died on Saturday, a day after posting accusations on Facebook against an Indian employee, alleging she faked a workplace injury to claim compensation.
-
Singapore Faces "Serious" China-Linked Cyberattack
Singapore announced it was battling a "serious" cyberattack against its critical infrastructure, attributing the hack to an espionage group that experts have linked to China.
-
WazirX Restructuring Plan Rejected By Singapore High Court; Crypto Firm to Appeal Decision
WazirX users affected by the $230 million (roughly Rs. 1,970 crore) hack are set to face further delays before their money is reimbursed. On Wednesday, the Singapore High Court rejected the crypto exchange's restructuring scheme, despite it receiving approval from creditors in April. WazirX requires the court's permission to execute the restructuri...
-
Singapore Directs Crypto Firms to Halt Overseas Operations in Crackdown on Unlicensed Providers
The Monetary Authority of Singapore (MAS), recently outlined certain requirements to be fulfilled by the "Digital Token Service Providers (DTSPs) in Singapore, in order to establish more control over crypto-related services. The MAS has also decided to limit licensing for DTSPs.
-
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.
-
UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
-
Crypto Storage Provider Liminal Custody Registers Indian Entity with Financial Intelligence Unit
Liminal Custody's Indian entity ‘First Answer India Technologies Private Limited’ is now officially registered with India’s Financial Intelligence Unit (FIU). The company aims to use the FIU registration to serve institutional clients across India as a trusted entity.
-
Metaverse Experience Centre With VR, AR and Immersive Technologies Launched in Noida
Indian metaverse research and advisory firm Metaverse911 has launched its Metaverse Experience Centre in Noida. Here visitors will be able to indulge in immersive technologies that include AR and VR that make for essential metaverse components.
-
PhonePe Users Can Now Make Payments Through UPI In Singapore
Fintech firm PhonePe on Wednesday said its users can now make payments through UPI in Singapore under a pact signed by the company with The Singapore Tourism Board.
-
Bankers In India To Get Higher Salary Increases Than Singapore, Hong Kong
Finance professionals in India are in line for higher salary hikes than those in Hong Kong and Singapore this year, underscoring how firms are tapping the nation's economic boom as China slows, according to Bloomberg Intelligence.
-
Asian Games 2023: India Maul Singapore 16-1 In Men's Hockey
Firm favourites India had earlier blanked lowly Uzbekistan 16-0 in their tournament opener on Sunday.
-
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.
-
EU Lobbies Asian Countries to Regulate AI Tech Firms, Said to Get Lukewarm Response
The European Union's efforts to lobby governments in Asia — including India, Japan, South Korea, Singapore, and the Philippines — to implement stringent rules to rein in and regulate AI technology firms are being met with a lukewarm response. The bloc wants its proposed AI Act to become a global benchmark for regulating AI, like its GDPR laws, ...
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Indian Jailed For Cheating Singapore Construction Company Of 5.1 Million
An Indian national has been sentenced to 30 months in jail for allegedly making illegal payments of over SGD 5.1 million from a construction company where he worked to firms linked to him.
-
Elon Musk Shuts Two Twitter India Offices Months After Firing Over 90 Percent of Staff in India: Report
Twitter India has shut down two out of three offices in the country, months after Elon Musk laid off over 90 percent of the company's workforce in the country. The firm reportedly continues to operate its third office in Bengaluru that mostly houses engineers.
