Singapore’s tech news headlines, October 2022: Singapore’s buy-now-pay-later firm code of conduct, NFTs deemed legally to be property, digital assets sector regulation steps up, tech startups emerge across a range of industries, and more.
- Singapore: Monetary Authority to inject seed capital into Asia Climate Solutions Design Grant to fund ‘blended finance’ innovations towards sustainable development
- Singapore’s Hype Records partners Spartan Labs for NFT-enabled music festivals, looking to blockchain tech for more fan engagement, beat fake ticket scams, and release 600 NFTs
- Singapore: klikit food delivery software startup raises $2M pre-seed with software-as-a-service cloud platform, aggregating and analysing a restaurant’s food delivery orders on a single mobile device
- Singapore: Gomu raises $5M with white-label platform providing NFT communities with hubs, marketplaces and token-gated communities without requiring experience with blockchain tech
- Singapore: Pillow cryptocurrency investment platform secures $18M Series A, looking to build on emerging markets focus and existing offerings in Nigeria, Ghana, Vietnam and others
- Singapore and a 4-day work week: “…governments of Spain, United Arab Emirates, and…Japan have truncated their work weeks in a bid to improve work-life balance and productivity.”
- PropertyGuru online real estate portal acquires Singapore’s Sendhelper, adding home services including cleaning, maintenance and repair to services portfolio
- A brief intro to 5 startups from the F10 & K-Startup Center Singapore Program, working in maritime propulsion, insect farming, user authentication and more
- Singapore Fintech Association partners Banks Foundation for Young Entrepreneurs to create 80RR, a co-working space for Korean companies in Singapore
- Available to download: The BNPL Code of Conduct for Singapore, covering buy-now-pay-later firms
- Singapore: High Court Justice rules that NFTs meet certain legal requirements to be considered property
- Singapore: Possible ban looms on credit lines used to fund cryptocurrency purchases as Singapore takes another step to rein in the digital assets sector
- Singapore: Monetary Authority published 2 papers proposing regulatory measures to reduce risk of consumer harm from crypto trading, and to support development of stablecoins as a credible medium of digital asset exchange
- Philippines: Digital Pilipinas inks MOU with Singapore’s Affinidi decentralised ID solutions provider around open standard ‘verifiable credentials’ for use in workforce-focused digital upskilling
- An overview of the Korea Tourism Organization’s Korean Startup Showcase 2022 Singapore StartTour, and the 11 startups taking part
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