Sure 1000% Huat Kah Liao…Singapore launches its first Stablecoin , samsters dun miss the Mega Huat Big Big Boat de woh

zhihau said:

The stablecoin sector is trying to establish itself as a store of value in the digital fiat economy.

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so price always the same ?

if so, how to huat leh ?

HSBC raises income requirement for new credit card applications in S’pore to $65,000, from $30,000​

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A spokesperson for HSBC said the move to raise the income requirement aligns with the bank’s focus on serving more affluent customers.

ST PHOTO: KELVIN CHNG

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HSBC

Summary

• HSBC is raising the minimum annual income for new credit card applicants to $65,000 from 1st Oct to focus on more affluent clients.
• Existing HSBC customers with total balances of $50,000+ still only need $30,000 income. Other banks like DBS, UOB, and Citi remain at $30,000.
• Experts note HSBC is becoming more selective and focusing on affluent clients globally, but middle-income consumers have alternatives with other banks.

GOD IS MY DOG said:

so price always the same ?

if so, how to huat leh ?

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The big fish and Demi Gods huat first

face the facts said:

innocent greedy morons, please wake the fuck up before your parents have to bail you out with their life savings
move fiat money to stablecoin and when everyone is in....devalue the stablecoin by 50%......US national debt less by 50%...., fucking yankees

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Leemember we must be fair and not Over tax the rich…it will be more fair if we share the burden together??

jsctan said:

But the physical dollar note will become scarce. One day, computer down, digital money wiped out or hacked. Then hosey Liao.

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Then more reason to use false flag to tighten control with “digital currency” - that is impossible to do with fiat paper currency at a wide scale

face the facts said:

innocent greedy morons, please wake the fuck up before your parents have to bail you out with their life savings
move fiat money to stablecoin and when everyone is in....devalue the stablecoin by 50%......US national debt less by 50%...., fucking yankees

Click to expand...

There is another half of story that is not not openly discussed

GOD IS MY DOG said:

so price always the same ?

if so, how to huat leh ?

Click to expand...

The rotation of crypto coins

zhihau said:

The rotation of crypto coins

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bro...........you got play cryptos ah ?

rotate as in what leh ?

k1976 said:

Then more reason to use false flag to tighten control with “digital currency” - that is impossible to do with fiat paper currency at a wide scale

Click to expand...

Be careful of all these digital, it's being traced & likely monitored. Worse kenna frozen. Then like bank got to pay for depositing & using facilities. Cash in my pocket or Milo tin is still safer.

GOD IS MY DOG said:

bro...........you got play cryptos ah ?

rotate as in what leh ?

Click to expand...

Buy into BTC as digital gold, store it in a cold wallet and keep the seed phrase safe.

Allocate a small sum to buy large cap altcoins, follow the M2 liquidity to buy low, rotate into stable coins when market is up. rinse and repeat.

Crypto's Recovery Remains Unsecure as SpaceX, Anthropic IPOs Loom: Crypto Daybook​

CoinDesk· 19:24
1min
Grayscale Bitcoin Mini Trust(BTC.US)
26.690
-5.02%

Bitcoin(BTC.CC)
63427.730
+0.89%

$Bitcoin (BTC.CC)$ is back above $63,000, but what happened in exchange-traded funds (ETFs) last week rings a note of caution.

As the price fell toward $60,000, the 11 U.S. spot ETFs recorded $1.72 billion in net outflows, marking a third straight week of accelerating redemptions. That happened on the total weekly volume of just $18.43 million, according to data from SoSovalue.

Compare that with the first week of February, when bitcoin suffered a similar crash to $60,000. Back then, outflows were just $318 million, but the total weekly volume was $46.15 billion in a clear sign of panic and capitulation, reflecting a fiercely contested market with active participation from both bulls and bears.

That wasn't the case last week, when outflows accelerated amid subdued trading volume. The combination suggests a steady exodus rather than a shock-driven capitulation that typically marks local bottoms.

As such, the sustainability of bitcoin's bounce is questionable. A dramatic resurgence in ETF demand might be needed to put the price on a convincing upward trajectory.

That probability appears low, as looming initial stock sales from SpaceX and Anthropic, two of the largest IPOs in history, could keep sucking liquidity out of broader markets, including crypto.

Further, this week's U.S. inflation data for May, expected to show the cost of living rose above 4%, could add to volatility in both bonds and the broader financial market. Stay alert!

Why Amy Lee, the niece of Singapore’s first prime minister, helped launch a crypto-friendly bank​

By Angelica Ang
Writer
June 1, 2026, 5:00 PM ET
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"Under this geopolitical climate, the Asia-Middle East corridor is growing in significance and importance," Amy Lee, who co-founded the Singapore Gulf Bank and helms its global advisory board, explains. "Trade and investment flows are increasing between the two regions, especially with the U.S.-China bifurcation."COURTESY OF SINGAPORE GULF BANK

When Amy Lee retired from a four-decade-long career in law and finance in 2020, she felt it might be a chance to relax. Instead, she found herself getting antsy.

Mumtalakat invests alongside Whampoa Group in Singapore Gulf Bank​

28 February 2024​

Bahrain Mumtalakat Holding Company (Mumtalakat), the Sovereign Wealth Fund of the Kingdom of Bahrain, alongside its strategic partner Whampoa Group, a privately-held investment group headquartered in Singapore, announced today that Mumtalakat will be investing in Singapore Gulf Bank (SGB), a new digital bank backed and founded by Whampoa. The announcement was made in the presence of His Excellency Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy and Chairman of Mumtalakat and the Co-Chair persons of the Whampoa Group, Mr. Lee Han Shih and Madam Amy Lee.

Mumtalakat’s investment will enable SGB to effectively launch and grow its business in Bahrain and follows SGB’s recent award of a banking licence by the Central Bank of Bahrain (CBB), marking a major milestone in Whampoa’s growth plans and ambitions in the Middle East and North Africa(MENA).

SGB will offer a secure and integrated platform to access and manage conventional and digital assets and financial solutions, including round-the-clock real time settlement, trading connectivity, custody and asset management. It serves global investors, innovators and institutions looking fora differentiated digital banking experience.

Serving as a bridge between Asia and the MENA region, SGB will be fostering financial connectivity and facilitating cross-border trade, particularly in the digital economy. Bahrain’s well-established financial services and innovation hub, fast-growing diversified economy, and strategic location at the heart of the Arabian Gulf, make it an ideal destination forSGB.

Aureole Foong, Co-CEO of Singapore Gulf Bank, said: “SGB is honoured to have been trusted with a banking licence by the Central Bank of Bahrain, and to mark this important achievement with a demonstration of strong support and commitment from such a prestigious investor as Mumtalakat. With this partnership, we are dedicated to working closely with CBB and the broaderTeam Bahrain to drive innovation in the financial services industry and foster global financial connectivity.”