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Português“We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto,” said Khairi Azmi. Singapore-based crypto lending platform…
Continue ReadingSingapore Monetary Authority has placed the Binance exchange on its alert list of investors on Wednesday. This is due to some concerns about the possibility that the crypto exchange might…
Continue ReadingThere had been a rising movement on the internet community calling for individuals to buy Bitcoin. This is to support El Salvador’s plan to adopt Bitcoin currency as a legal…
Continue ReadingThe Monetary Authority of Singapore (MAS) finally shortlisted 15 companies that will assist in developing retail CBDC. These firms will participate in the Global CBDC challenge and help build the…
Continue ReadingCBDC, also central bank digital currency, is a digital token issued by a country. Many governments and central banks around the world are exploring the use of CBDCs. Even though…
Continue ReadingThe Monetary Authority of Singapore placed Binance on its investor alert list on Sept.1 amid signs that the crypto exchange may have violated local payments laws. Global cryptocurrency exchange Binance…
Continue ReadingThe central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led…
Continue ReadingSingapore’s financial regulator has added Binance to the investor alert list, signifying that the crypto exchange is unlicensed to provide payment services in the nation. The Monetary Authority Of Singapore…
Continue ReadingBinance US plans to close a major private funding round in the next two months to become more independent from Binance. Binance’s affiliate United States-based cryptocurrency exchange Binance US is…
Continue ReadingThe joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank-issued digital currencies. The central banks of Australia, Singapore, Malaysia and South Africa have…
Continue ReadingThailand’s Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex. Thailand’s Bank of Ayudhya (BAY) – in…
Continue ReadingThe 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.” The Monetary Authority of…
Continue ReadingOn August 24, the investment and management company, Singapore Myanmar Investco Limited (SMI), revealed the company is entering the bitcoin mining industry as it has ordered 800 mining rigs to…
Continue ReadingThe funding comes soon after Liquid suffered a major hacking incident last Thursday when the exchange’s warm wallets were compromised. Japanese cryptocurrency exchange Liquid has secured $120 million in debt…
Continue ReadingBazaar Technologies, a Pakistani blockchain marketplace, successfully raised about $30M in Pakistani’s biggest Series A round. An announcement made by Bazaar states that August 24th will be the closing of…
Continue ReadingBinance has hired Richard Teng to become their CEO in Singapore to cross the regulatory curve. This has been a hurdle for the exchange in the present weeks. Binance is…
Continue ReadingA nine-month blockchain initiative assessing the cost and time efficiency of the two countries’ digital verification systems has been deemed a success. The Australian Border Force (ABF), Infocomm Media Development…
Continue ReadingA new study shows that ethereum is the most popular cryptocurrency among more than 4,000 adults surveyed in Singapore. The second-most popular crypto is bitcoin, followed by cardano. Singapore-Based Crypto…
Continue ReadingA new study shows that ethereum is the most popular cryptocurrency among more than 4,000 adults surveyed in Singapore. The second-most popular crypto is bitcoin, followed by cardano. Singapore-Based Crypto…
Continue ReadingA new study reveals that Singapore benefited from cryptocurrencies, especially Ethereum, through increased adoption. Germini, a crypto exchange, conducted The State of Crypto in Singapore Report 2021, collaborating with Seedly and…
Continue ReadingKakao wants to keep up with the enterprise blockchain competition in Asia as it eyes expansion to Singapore. Singapore is reportedly the next port of call for Kakao’s globalization agenda…
Continue ReadingAlmost four in five Singaporean crypto holders own Ether, followed by Bitcoin, Cardano and Binance Coin. Being a crypto-friendly country has paid off in terms of adoption, as a new…
Continue ReadingStarting next Monday, DBS Bank’s crypto exchange will start operating, allowing institutional investors to trade Bitcoin. Singapore’s largest bank, DBS Bank, has expanded its scope of supported cryptocurrency services by…
Continue ReadingThe Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the…
Continue ReadingIndependent Reserve gets the first in-principle approval that gives hope to around 170 crypto exchange applicants waiting to receive an official operating license in Singapore. Independent Reserve, an Australian crypto…
Continue ReadingThe IRCI Singapore found that 90% of citizens have heard of Bitcoin while 40% own it, with 39% of Singaporeans seeing it as an investment. An independent research survey published…
Continue ReadingThe inaugural 2021 Independent Reserve Cryptocurrency Index, or IRCI, is based on a poll of 1,000 Singaporeans from a representative background of gender, age and location. Cryptocurrency adoption is growing…
Continue ReadingCentral banks of Singapore and France are developing a digital coin interoperability system that will support various global CBDCs. The Financial authorities of both countries are seriously exploring the CBDCs…
Continue ReadingWu also pitched Singapore, where his current company Matrixport is based, as a strong contender to serve as “a hub for crypto innovations.” Jihan Wu, crypto billionaire and the co-founder…
Continue ReadingThe central banks of France and Singapore are working on a digital currency interoperability system supporting multiple global CBDCs. Financial authorities in France and Singapore are actively exploring the cross-border…
Continue ReadingThe world’s fifth-largest cryptocurrency derivatives exchange is implementing KYC rules to improve security compliance. Bybit, the world’s fifth-largest cryptocurrency derivatives exchange by trading volume, is planning to impose Know Your…
Continue ReadingThe Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship. The Monetary Authority of Singapore, the…
Continue ReadingBTCChina has reportedly sold its stake in the Singapore-registered Bitcoin exchange ZG.com. BTCChina, the operator of China’s oldest Bitcoin (BTC) exchange, is no longer in the crypto business, according to…
Continue ReadingFormer banking heads question foreign financial policies, workers paid with digital yuan in milestone pilot and a large Series A is closed by DeFi platform SynFutures. Our Man in Shanghai…
Continue ReadingIn hopes to grow its financial products on the DBS Digital Exchange (DDex), Singapore’s DBS Bank just announced its issuance of a $11.3 million digital bond in its security token…
Continue ReadingFutu, one of the leading trading brokerages in China, revealed its plans to offer cryptocurrency trading later this year. In its earnings call earlier this Wednesday, senior vice president Robin…
Continue ReadingJPMorgan and DBS’ new blockchain interbank platform is designed to complement central bank digital currency projects. Major American investment bank JPMorgan is working with Singapore’s largest bank, DBS, and state…
Continue ReadingThe new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness. Blockchain associations from Australia and five Southeast Asian nations are joining forces to…
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