Cypher is rolling a mobile app out

Cypher v1.0 is going out on June 7 after RC of the app was submitted to App Store and obtain the approval
02 June 2018   2207

Developing Cypher platform for the majority of Q1 2018 and after long beta testing, Cypher Mobile v1.0 will be released to the public via App Store on June 7. The initial release will be accompanied with an Airdrop to the community.

Cypher Mobile v1.0 marks the start phase of the project and will serve as the foundation of the complete platform. The features of the app include:

  • Account registration;
  • Official website sync via the app;
  • Terminal assets

Functional access terminals within users' locals with a reward;

  • Beacons

An in-game asset purchased using rewards to produce additional periodical reward;

Native Cypher token (CYR) is tradeable on SouthXChange and Graviex. Cypher is a geolocation game with an integrated cryptocurrency. More details can be found here.

Binance Singapore Unit to Apply For License

Under the new law, aimed at regulating crypto paymetns and trading, firms must register with the Monetary Authority to receive a license
17 February 2020   68

Binance, a Singapore-based cryptocurrency exchange unit, has applied for a license under the new Payment Services Act, which entered into force on January 28.

We have already applied. We submitted the application pretty fast. Binance’s Singapore entity has been in close touch with the local regulators, and they have always been open-minded.

 

Changpeng Zhao

Founder and CEO, Binance

Under the new law, crypto companies in Singapore must register with the Monetary Authority and receive one of three licenses: an exchange of money, a standard or large payment institution. The measure is aimed at regulating payments and crypto trading using requirements for participants in the traditional finance industry. Zhao did not specify which of the licenses Binance Singapore chose.

Binance has been offering crypto-fiat trading services in Singapore since April 2019 and works with eight coins, including Bitcoin, Ethereum and XRP. The trading platform is supported by Vertex Venture Holdings, a venture division of Singapore's Temasek Holdings.