Blockchain
MAS Says Crypto Unsuitable as Money, Lays Groundwork for Digital Singapore Dollar
Cryptocurrencies have performed poorly as a medium of exchange, a store of value, or a unit of account said Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS) during a speech at the Singapore Fintech Festival today.
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MAS and STACS Join Forces to Build Blockchain-Based ESG Registry
Hashstacs (STACS) will be developing an industry-wide blockchain-based Environment, Social, and Governance (ESG) data and certification registry in partnership with the Monetary Authority of Singapore’s (MAS) Project Greenprint. MAS had announced the launch of Project Greenprint, a technology platform aimed
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Mastercard Launches Crypto-Linked Cards with Amber Group, Bitkub, and CoinJar
Three cryptocurrency service providers Amber Group, newly minted crypto unicorn Bitkub in Thailand, and CoinJar in Australia will be launching crypto-linked Mastercard payment cards. All three of these digital asset service providers offer cryptocurrency purchase and exchange services in their
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TRON Gain a Fresh Edge with $US 1.1 Billion and Cross-Chain Connectivity
TRON, one of the top three public chains in the world, announced its plan to establish a dedicated fund worth over $1.1 billion to turbocharge the growth of the TRON ecosystem. In parallel, it launched the cross-chain scaling solution BTTC
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Luno Introduces Exciting New Features for Singapore Customers
“I think it’s time for me to buy some cryptocurrency”. If you’re reading this article, chances are that this thought has occurred to you sometime in the past. Perhaps you acted on it, perhaps you have not. Regardless of this,
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ADDX Launches Its First Crypto Offering by Listing Trovio’s Digital Asset Fund
Private market exchange ADDX has launched its first cryptocurrency product, with the listing of a digital asset fund by investment manager Trovio Capital Management (TCM). The fund aims to provide accredited investors with a reliable option for crypto investing and
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Bitkub Minted as Thai’s First Crypto Unicorn With SCB’s US$535 Million Deal
SCBx Group, the holding company of Siam Commercial Bank (SCB), announced that it has acquired a 51% stake in Thailand’s digital asset exchange Bitkub for approximately 17.85 billion baht (US$535.9 million), in a push into the digital assets business. This
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FOMO Pay Taps Merkle Science’s Blockchain Monitoring Platform
Singapore-based major payment institution FOMO Pay has announced a partnership with Merkle Science, a predictive blockchain monitoring and investigative platform, to enhance its compliance, risk management and threat detection measures. In September 2021, FOMO Pay was granted the Digital Payment
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DBS Emerges as First Bank in Southeast Asia to Join the Hedera Governing Council
DBS Bank has joined the Hedera Governing Council, the group of diverse organisations responsible for stewarding the Hedera network which is a sustainable, enterprise-grade public network for the decentralised economy. As the first and only bank in Southeast Asia to join
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Crypto Firm Luno Now Offers Direct SGD Bank Deposits
Global cryptocurrency company Luno announced that it has launched an official direct SGD bank transfer feature. Luno said that its users can now transfer funds without intermediary parties or delays, from any local SGD-denominated bank accounts to their cryptocurrency wallets
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