Blockchain
Project Ubin: MAS Completes Final Phase Central Bank Digital Currency Project
The Monetary Authority of Singapore (MAS) and Temasek today jointly released a report to mark the successful conclusion of the fifth and final phase of Project Ubin. It provides technical insights into the blockchain-based multi-currency payments network prototype that was
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Singapore Blockchain Map 2020 Shows Strong Ecosystem Growth
OpenNodes, powered by Tribe, unveiled the Singapore Blockchain Landscape Map 2020 at ‘Unitize’, a collaborative online blockchain conference organized by San Francisco Blockchain Week and Blockshow. Since 2019, Singapore’s blockchain ecosystem has seen substantial growth. There are 91 new additions
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7 Recommendations for Cryptocurrency and Utility Token Issuers
In 2017/18, the total market capitalization of cryptocurrency markets reached all-time highs. At the same time, certain projects like BitConnect made their name as one of the most prominent ICO scams. Therefore, a stain remains on the digital asset industry
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BCB Blockchain Announces US$15 Million Grant for Asia’s Tech and Blockchain Startups
Building Cities Beyond (BCB) Blockchain has announced the launch of its BCB Innovation Grant. The Singapore-based blockchain developers for smart city solutions will be looking to award US$15 million worth of grants to projects developing on the BCB protocol, as
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Crypto Platform Sparrow Raises US$ 3.5M in Funding Round Led by BitMEX’s Owner
Sparrow, a Singapore based options trading platform for Bitcoin and Ethererum announced that they have secured US$ 3.5 Million in Series A funding. The round was led by the HDR Group, owner and operator of BitMEX, and supported by Signum Capital,
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IDC Reports Worldwide Blockchain Spending to Slow Down to US$ 4.3 Billion in 2020
According to the April update of the IDC Worldwide Blockchain Spending Guide Worldwide and Asia Pacific blockchain spend will decline in 2020 as compared to the pre-COVID-19 forecast scenario. The report captures data from all Asia Pacific countries except Japan.
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How Blockchain Is Bringing Transparency and Improved Efficiencies in Seafood Value Chains
Blockchain technology, one of the most discussed technologies of the past couple of years, is set to substantially transform the traceability landscape and stakeholder behavior along the value chain in fisheries and aquaculture, according to a new report by the
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Crypto.com’s MCO Visa Cards Are Now Shipping In Europe
Crypto.com announced that it has begun shipping its MCO Visa Cards to 31 countries in Europe, they claim that this makes them the only crypto card provider offering cards in Asia, EU, and the United States. Crypto.com’s MCO Visa card
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Temasek Joins Libra Association — Facebook’s Global Digital Currency Project
The Libra Association, an independent member organization, announced the addition of three new members, Temasek, Paradigm and Slow Ventures. Libra is Facebook’s grand ambition in creating global payment system and financial infrastructure using digital currencies. In their media statement they
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A Look at Singapore’s Updated Income Tax Guide for Digital Tokens
The Inland Revenue Authority of Singapore (IRAS) released on April 17 an e-Tax Guide on the income tax treatment of transactions involving digital tokens, as well as initial coin offerings (ICOs). The guide focuses on three types of digital tokens,
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