Singapore

Singapore has blocked Polymarket, labelling it an unlicensed gambling platform under its strict betting laws. The platform also faces regulatory scrutiny in the US and France, putting its global future in question.

Members of the Singapore's literary and publishing community issued a statement on Tuesday, asking for the Singapore's National Library Board (NLB) to exercise greater prudence in adopting generative AI, which is seen by the group as a serious threat to Singapore's literary landscape.

SenseTime is downsizing its Singapore office, moving to a smaller space amidst rising competition from tech giants and emerging rivals like Moonshot AI and Zhipu. Adapting to industry pressures will be key to sustaining its position.

The Monetary Authority of Singapore (MAS) has identified stablecoins as a promising contender for mainstream payment adoption, contingent upon stringent regulations to ensure their stability and reliability.

ApeX Protocol’s composite index ranks the top ten countries in blockchain and cryptocurrency innovation, factoring in patents, jobs, and crypto exchanges. Singapore leads, followed by Hong Kong and Estonia.

Singapore has become a top crypto hub in 2024 by issuing more licenses and offering clear, supportive regulations, attracting major global players. In contrast, Hong Kong faces delays and restrictive policies, causing challenges for its crypto industry.

A Singaporean student lost $5,000 in seconds after connecting his crypto wallet to a phishing website he found through a fake Google ad. He has shared his story on TikTok to warn others about the dangers of online scams.

Sygnum has partnered with Moomoo Singapore to launch a new digital asset fund for accredited investors, aiming to offer diversified strategies in the growing cryptocurrency market. The fund, available in 2025, focuses on active management to maximise returns and manage risks in this emerging asset class.

A 32-year-old Singaporean man tied to a crypto scam gang has been arrested in Thailand for his role in a 22.4 million dollar scam.

Elon Musk’s comment on X, claiming Singapore is “going extinct,” sparked widespread debate about the country’s economic and demographic challenges. Key issues include historically low birth rates, an ageing population, reliance on robotics, and concerns over immigration's effect on national identity.