Payment Services Act 2019

Demand for blockchain market expected to grow from US$3 billion in 2020 to US$40 billion in 2025

Retrieved on: 
Friday, November 19, 2021

"The crypto market has witnessed tremendous growth in 2021, and yet we have seen just the tip of the iceberg.

Key Points: 
  • "The crypto market has witnessed tremendous growth in 2021, and yet we have seen just the tip of the iceberg.
  • As one of Singapore's leading digital assets exchange platforms, Huobi Singapore is excited to be part of this journey.
  • Currently, Huobi Singapore is granted an exemption from holding a licence under the PS Actwhile the application is under review.
  • This is a free online event and you can register here: https://sbip.sg/metaverse/
    Watch Edward Chen, CEO of Huobi Singapore's presentation here: https://youtu.be/NLhEVUkLqiE

Hodlnaut Launches One Free Withdrawal a Month Feature

Retrieved on: 
Tuesday, November 16, 2021

Unlike the previous Free Withdrawal Campaign , which was a one-off initiative, the new feature is now made permanently available.

Key Points: 
  • Unlike the previous Free Withdrawal Campaign , which was a one-off initiative, the new feature is now made permanently available.
  • Hodlnaut users will be eligible for one free withdrawal per calendar month and can choose any one withdrawal they would like to have the fees waived off for.
  • Each user who has met the requirements is entitled to one free withdrawal per calendar month.
  • Since this initiative will start on 16th November 2021, the first calendar month for the first free withdrawal would be 16th to 30th November 2021.

Hodlnaut Launches One Free Withdrawal a Month Feature

Retrieved on: 
Tuesday, November 16, 2021

SINGAPORE, Nov. 16, 2021 /PRNewswire/ -- Singapore-based crypto lending firm Hodlnaut has announced the launch of its new initiative to waive off the withdrawal fee of any one withdrawal made by users. This is part of the platform's goal to allow users to maximize the potential of their earnings on their crypto assets easily and conveniently.

Key Points: 
  • Unlike the previous Free Withdrawal Campaign , which was a one-off initiative, the new feature is now made permanently available.
  • Hodlnaut users will be eligible for one free withdrawal per calendar month and can choose any one withdrawal they would like to have the fees waived off for.
  • Each user who has met the requirements is entitled to one free withdrawal per calendar month.
  • Since this initiative will start on 16th November 2021, the first calendar month for the first free withdrawal would be 16th to 30th November 2021.

Ibanera Expands FinTech Services in Singapore

Retrieved on: 
Friday, October 29, 2021

SINGAPORE, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Ibanera, a global digital banking platform and financial services provider, announced that it will offer fintech services to customers in Singapore with a focus ondomestic and cross-border money transfer services.

Key Points: 
  • SINGAPORE, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Ibanera, a global digital banking platform and financial services provider, announced that it will offer fintech services to customers in Singapore with a focus ondomestic and cross-border money transfer services.
  • "Growing our presence in Singapore allows us to expand our network in the Southeast Asia region," said Bjorn Snorrason, General Manager of Ibanera.
  • Ibanera holds a Major Payment Institution license regulated by the Monetary Authority Service under the 2019 Payment Services Act.
  • Regulated in the United States, Canada, Europe and Singapore, Ibanera positions itself as a competitive fintech leader with a credible global footprint.

Hodlnaut Launches Brand-New Android Application

Retrieved on: 
Thursday, October 28, 2021

The Singapore-based crypto lending and borrowing platform launched its Android application after a successful beta testing performed in September 2021.

Key Points: 
  • The Singapore-based crypto lending and borrowing platform launched its Android application after a successful beta testing performed in September 2021.
  • In August, Hodlnaut launched its iOS application and announced that the Android App launch would follow soon.
  • The Hodlnaut Android App enables users to deposit and withdraw the supported cryptocurrencies anytime, anywhere from their android phones.
  • Hodlnaut has also launched a user referral program with the app launch to encourage users to download the application.

Hodlnaut Launches Brand-New Android Application

Retrieved on: 
Thursday, October 28, 2021

SINGAPORE, Oct. 28, 2021 /PRNewswire/ -- Crypto interest-earning platform Hodlnaut announced the launch of its long-awaited Android App today. The Singapore-based crypto lending and borrowing platform launched its Android application after a successful beta testing performed in September 2021.

Key Points: 
  • Hodlnaut's hotly-anticipated android application allows android users to deposit and withdraw cryptocurrency anytime, anywhere
    SINGAPORE, Oct. 28, 2021 /PRNewswire/ -- Crypto interest-earning platform Hodlnaut announced the launch of its long-awaited Android App today.
  • The Singapore-based crypto lending and borrowing platform launched its Android application after a successful beta testing performed in September 2021.
  • In August, Hodlnaut launched its iOS application and announced that the Android App launch would follow soon.
  • The Hodlnaut Android App enables users to deposit and withdraw the supported cryptocurrencies anytime, anywhere from their android phones.

First in Singapore - BitDATA Exchange the First to Launch Physical Digital Payment Token Service Centre in Singapore's Central Business District

Retrieved on: 
Tuesday, September 28, 2021

Singapore, Singapore--(Newsfile Corp. - September 28, 2021) - Following the launch of its mobile app in July 2021, BitDATA Exchange (BitEx) Singapore, a homegrown regulated digital assets exchange, continues to unfold milestones with the expansion of business operations in Singapore.

Key Points: 
  • Singapore, Singapore--(Newsfile Corp. - September 28, 2021) - Following the launch of its mobile app in July 2021, BitDATA Exchange (BitEx) Singapore, a homegrown regulated digital assets exchange, continues to unfold milestones with the expansion of business operations in Singapore.
  • Located at the heart of Singapore's Central Business District, BitEx has set up its first Over The Counter (OTC) service desk at GB Building, along Cecil Street on 26 September 2021.
  • "We are very excited about the launch of our OTC desk at such a prominent spot in Singapore.
  • We are granted an exemption from holding a license under the Payment Services Act ("PS Act") for providing digital payment token service by The Monetary Authority of Singapore.

BitDATA Exchange Launches a Fiat-to-Crypto Mobile Trading Platform to Cater to Growing Interest in Crypto Assets

Retrieved on: 
Thursday, September 9, 2021

Singapore, Singapore--(Newsfile Corp. - September 9, 2021) - BitDATA Exchange (BitEx) Singapore, a homegrown regulated crypto assets exchange, continues to enhance its platform with a user-centric mobile app as part of the growth strategy.

Key Points: 
  • Singapore, Singapore--(Newsfile Corp. - September 9, 2021) - BitDATA Exchange (BitEx) Singapore, a homegrown regulated crypto assets exchange, continues to enhance its platform with a user-centric mobile app as part of the growth strategy.
  • Following the launch of the BitEx online trading platform ( www.bitex.sg ) in Q3 2021, the mobile app will further strengthen BitEx's position as one of the emerging crypto assets exchanges in Singapore as well as to cater to the rapidly growing clientele list.
  • Proudly founded in Singapore, BitDATA Exchange (BitEx) is built to provide an institutional-grade experience for our clients to trade crypto assets, including Bitcoin, Ethereum & Litecoin.
  • The BitEx trading platform is backed by cutting-edge technology to facilitate efficient high trading volume.

Hodlnaut Announces its iOS Application Launch

Retrieved on: 
Wednesday, August 11, 2021

SINGAPORE, Aug. 11, 2021 /PRNewswire/ -- Hodlnaut, a crypto interest-earning platform based out of Singapore, announced its brand new iOS App launch today. The long-awaited launch was announced after the completion of its beta testing, performed in the month of June 2021. The app launch is in alignment with Hodlnaut's relentless commitment to providing a hassle-free user experience.

Key Points: 
  • SINGAPORE, Aug.11, 2021 /PRNewswire/ -- Hodlnaut, a crypto interest-earning platform based out of Singapore, announced its brand new iOS App launch today.
  • The Hodlnaut iOS App allows users to deposit and withdraw cryptocurrencies and manage their crypto holdings from the convenience of their iPhones.
  • The Hodlnaut iOS Appallows users to share their affiliate link seamlessly with their friends via social media/messaging apps on their phones.
  • Hodlnaut's iOS App is built by developers dedicated to providing the best application experience to its valued users.

Hodlnaut Announces its iOS Application Launch

Retrieved on: 
Wednesday, August 11, 2021

SINGAPORE, Aug.11, 2021 /PRNewswire/ -- Hodlnaut, a crypto interest-earning platform based out of Singapore, announced its brand new iOS App launch today.

Key Points: 
  • SINGAPORE, Aug.11, 2021 /PRNewswire/ -- Hodlnaut, a crypto interest-earning platform based out of Singapore, announced its brand new iOS App launch today.
  • The Hodlnaut iOS App allows users to deposit and withdraw cryptocurrencies and manage their crypto holdings from the convenience of their iPhones.
  • The Hodlnaut iOS Appallows users to share their affiliate link seamlessly with their friends via social media/messaging apps on their phones.
  • Hodlnaut's iOS App is built by developers dedicated to providing the best application experience to its valued users.