Despite India’s unpredictive stance towards crypto regulations, Singaporean crypto exchange Coinstore has allocated a $20 million fund to set up three new offices in the Indian cities of Bangalore, Delhi and Mumbai.Coinstore announced to launch its web and app platform in India for spot and futures trading, opening up a new crypto investment avenue for Indian investors. The … [Read more...] about Singaporean crypto exchange enters India amid regulatory uncertainty
Singaporean
Retail-focused Singaporean CBDC to hedge against privately issued stablecoins
The Monetary Authority of Singapore (MAS) has ramped up efforts to research and develop a central bank digital currency (CBDC) for retail use under the Project Orchid initiative. According to MAS managing director Ravi Menon, Singapore’s retail CBDC will be developed in a partnership with private entities, which “would be the digital equivalent of today’s notes and … [Read more...] about Retail-focused Singaporean CBDC to hedge against privately issued stablecoins