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Singapore Refines Its Crypto Regulations

Singapore Refines Its Crypto Regulations

FromBloomberg Crypto


Singapore Refines Its Crypto Regulations

FromBloomberg Crypto

ratings:
Length:
14 minutes
Released:
Sep 7, 2022
Format:
Podcast episode

Description

Singapore was an early proponent of crypto regulation, attempting to establish itself as a hub for global digital asset companies long before similar pronouncements by countries like the UK. 
For a time, it worked. And then 2022 happened, a year of high-profile crypto company failures and market meltdowns. Several of the biggest casualties of the chill of this crypto winter operated out of Singapore. It was a base for Three Arrows Capital, the disgraced crypto hedge fund, and others as well. These high-profile collapses have shone a harsh light on Singapore’s regulatory framework. What’s next for crypto in Singapore?  Bloomberg reporters Joanna Ossinger and Suvashree Ghosh join this episode.See omnystudio.com/listener for privacy information.
Released:
Sep 7, 2022
Format:
Podcast episode

Titles in the series (100)

Crypto is the world's hottest financial trend. Digital tokens like Bitcoin and NFTs have moved from niche products to showing up in Super Bowl commercials and song lyrics.  Advocates of these new asset classes promise they will democratize the finance industry, and they hail the blockchain technology that backs it all as the future of computing. Skeptics say it's another financial house of cards. No newsroom on the planet is better equipped than Bloomberg to cut through all the noise and provide clarity, context and authority. In this new daily podcast, Bloomberg’s reporting team will tease out what’s actually important in the crypto conversation. Led by crypto expert Stacy-Marie Ishmael, the podcast will draw on reporters in every region and credible voices in the industry to cover everything from regulation to alt coins to DeFi, and even the environmental impact of the currency that promises to change the finance landscape indefinitely.