Singapore is actively addressing the dual challenges of the increasing demand for artificial intelligence (AI) and the pressure on energy resources. The nation recently unveiled a green data centre roadmap to bolster its digital economy aspirations. Growing AI Demand and Energy Strain With the increasing demand for digital and AIRead More →
Singapore is planning to introduce stricter regulations for cryptocurrency service providers in order to protect retail customers from the higher financial risks associated with digital assets. Some of the proposed measures Requiring crypto service providers to disclose the fees and charges for their services, as well as the risks andRead More →
Binance is still open for business and is now being run by, Richard Teng. But who is the new boss of Binance? Mr Teng, from Singapore joined Binance just over two years ago as the chief executive of the Singapore business. That was the year when Binance came under aRead More →
Big news for the crypto industry Singapore’s financial regulator has reportedly said it had finalised rules for a type of digital currency called ‘stablecoin’, placing it among some of first the regulators worldwide to do so. Stablecoins are a type of digital currency designed to hold a constant value againstRead More →
Clear crypto rules Asia is promoting clear crypto rules at a time when large businesses are facing regulatory uncertainty in the U.S. Some Asian countries that have taken the lead in crypto regulation include Singapore, Hong Kong, Japan, and South Korea. They have proposed or implemented frameworks that protect investors, preventRead More →