Blockchain/Bitcoin

ICO Report: Singapore, Hong Kong and Switzerland are leading

Initial coin offerings (ICOs), a fundraising method used by an increasing number of blockchain startups, have surged in popularity in 2017 with investment volumes growing exponentially. More than US$4.5 billion was raised through ICOs in 2017, or nearly 20 times

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You got it wrong: There is no currency battle “Crypto vs. Fiat”

Every so often I come across articles such as “7 Reasons Why Bitcoins Are Better Than Fiat Currencies” and thread headlines in discussion forums such as “This is why we hate fiat currency and why cryptocurrency should prosper”. What authors

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IBM Completes Proof-of-Concept Blockchain-Based Shared KYC

IBM  announced the successful completion of the Phase I proof-of-concept (POC) of its Shared Corporate Know Your Customer (KYC) project with Deutsche Bank, HSBC, Mitsubishi UFJ Financial Group (MUFG) and the Treasuries of Cargill, IBM. Through the Shared KYC POC,

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Top Blockchain investors and experts are joining Blockchain Economic Forum

Forbes says 2017 has been a breakout year for crypto with a truly mind-bending appreciation of cryptocurrencies, transaction volumes (in USD) for Bitcoin increasing 100 times from what they were at the beginning of year, and countless new projects appearing. To summarize the development of the

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Lithuania Opens its Doors to the EU Single Market for the Singapore Blockchain Industry

Following the signing of a landmark agreement for fintech innovation between the Singapore FinTech Association and Lithuanian government-backed business advisory Invest Lithuania, Lithuania has announced it aims to become a gateway for Singapore’s blockchain industry to Europe and beyond. Europe’s first international Blockchain

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MAS Cautions Against Investments in Cryptocurrencies

The Monetary Authority of Singapore advises the public to act with extreme caution and understand the significant risks they take on if they choose to invest in cryptocurrencies. MAS is concerned that members of the public may be attracted to

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Dragon INC. is On Course to Complete World’s Largest ICO

Dragon Inc., a fintech company that underpins the casino gaming sector with blockchain technology, launched its Pre-ICO (Initial Coin Offering) on Friday December 8th, 2017, a subscription round of funding that allows the public to buy the company’s cryptocurrency. The

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Bank Negara Malaysia Seeks Public Feedback on Cryptocurrency Regulation

The rapid development and adoption of cryptocurrencies have driven regulators from around the globe to adopt various approaches and regulatory measures and Malaysia is no exception. Following the announcement by Bank Negara Malaysia Governor, Tan Sri Muhammad Ibrahim in late

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Behind The Scenes: Securities Commission Malaysia’s Blockchain Project

In November 2017, Securities Commission Malaysia announced that it will be embarking on a blockchain pilot project for the OTC markets. OTC is short for “over-the-counter” which are typically reserved for companies do not meet the listing requirements. It is

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Blockchain Energo Labs to Establish Singapore Regional Hub

Energo Labs, a cleantech start-up that integrates blockchain into the energy sector in Asia and beyond, is set to strengthen their presence in Singapore. It will join research programmes and campus microgrids in universities as a testbed for smart energy

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