DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Darren Whiteside - 1 Coinbase - 1 Rae Wee - 1 Jamie Freed - 1
Top related locs:
Singapore Asia China India
Top related orgs:
Monetary Authority - 1 REUTERS - 1 Payment - 1 Monetary Authority of Singapore - 1 MAS - 1 Coinbase - 1 Thomson - 1

Search resuls for: "Rae Wee Elizabeth Howcroft"


2 mentions found


☆ Crypto exchange Coinbase gets Singapore payments licence
  + stars: | 2023-10-02 | by ( Rae Wee Elizabeth Howcroft | Rae Wee | Elizabeth Howcroft | ) www.reuters.com   time to read: +1 min
A view of the Monetary Authority of Singapore's headquarters in Singapore June 28, 2017. REUTERS/Darren Whiteside/File Photo Acquire Licensing RightsCompanies Coinbase Global Inc FollowOct 2 (Reuters) - The Singapore arm of cryptocurrency exchange Coinbase (COIN.O) said on Monday it had obtained a Major Payment Institution (MPI) licence from the city-state's central bank. The licence, granted by the Monetary Authority of Singapore (MAS), will allow the largest U.S. crypto exchange to offer digital payment token services to individuals and institutions in Singapore. Coinbase, the world's largest listed crypto exchange, was granted initial approval in October last year. Singapore has emerged as a crypto hub in Asia in recent years, having attracted digital asset firms from countries including China and India.
Persons: Darren Whiteside, Coinbase, Rae Wee, Jamie Freed Organizations: Monetary Authority, REUTERS, Payment, Monetary Authority of Singapore, MAS, Coinbase, Thomson Locations: Singapore, Asia, China, India
☆ Crypto lender Celsius propped up its token, benefiting insiders - U.S. bankruptcy examiner
  + stars: | 2023-01-31 | by ( Rae Wee Elizabeth Howcroft Alun John | Rae Wee | Elizabeth Howcroft | ) www.reuters.com   time to read: +4 min
New Jersey-based Celsius filed for U.S. bankruptcy in July last year, after freezing customer withdrawals from its platform. She was tasked with investigating accusations by Celsius customers that the company operated as a Ponzi scheme and also with reporting on its handling of cryptocurrency deposits. Celsius gathered crypto deposits from retail customers and invested them in the equivalent of the wholesale crypto market. It raised some of the initial capital to fund its business by creating and selling its own crypto token, called "CEL". "The business model Celsius advertised and sold to its customers was not the business that Celsius actually operated," the report said.
0 next >>
Total: 2