Blockchain
StraitsX Pilots Three Stablecoin Applications at SFF to Showcase Real-World Use Cases
Crypto payment infrastructure company StraitsX is piloting a series of stablecoin applications at the Singapore Fintech Festival 2022 to showcase stablecoins’ real-world use cases and business benefits. The three use cases, done in collaboration with IDEMIA, The HBAR Foundation, Mastercard
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Circle Gets In-Principle Approval to Offer Digital Payment Tokens in Singapore
Circle, the issuer of USDC and Euro Coin, has received in-principle approval as a Major Payments Institution license holder from the Monetary Authority of Singapore (MAS). The license allows Circle to offer digital payment token products, as well as cross-border
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MAS Initiates Digital Singapore Dollar Trials
The Monetary Authority of Singapore (MAS) has published a report detailing potential uses of a purpose-bound digital Singapore dollar (SGD) and the supporting infrastructure required. The report also marked the successful completion of Phase 1 of Project Orchid which explored
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Alta Acquires Hg Exchange to Provide Tokenisation and Digital Custody Services
Alternative assets marketplace Alta, previously known as Fundnel, has acquired private digital securities exchange Hg Exchange (HGX) to enable it to provide tokenisation and digital custody services. Alta has generated over US$600 million in transactions, created access to over US$22
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Switzerland Plays a Pioneering Role in Blockchain Regulation
One year ago, Switzerland’s blockchain legislation entered fully into force. The country is an international pioneer in this regard. So, what are the lessons that could be drawn now that a year has passed? The distributed ledger technology such as
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Partior Among the Winners of G20 TechSprint Challenge by BIS and Bank Indonesia
The Bank for International Settlements (BIS) and Bank Indonesia has announced the winners of the G20 TechSprint 2022 challenge during a live award ceremony in Jakarta. The G20 TechSprint 2022 focused on solving technology challenges related to wholesale and retail central
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Coinbase and Google Cloud Partner to Boost Web3 Offerings, Enable Crypto Payments
Coinbase and Google Cloud have entered a partnership that will see the companies leveraging each other’s core strengths to serve the growing Web3 ecosystem. Coinbase will build their exchange and data platforms on Google Cloud, while Google Cloud will utilise
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Sygnum Partners With T&B Media to Raise US$300M to Fund Its Metaverse Platform
Sygnum, a digital asset technology group with a Singapore capital markets services (CMS) license, announced it is partnering Thai media and entertainment group T&B Media Global to raise over US$300 million to fund its new interconnected metaverse platform. The raise
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ChainUp Welcomes Singapore’s Former Prime Minister as Special Advisor to Its Board
ChainUp, a Singapore-based blockchain technology service provider, welcomes Singapore’s former Prime Minister, Emeritus Senior Minister Goh Chok Tong as a special advisor to its board. Joining him on the newly appointed board are OCBC’s Chairman Ooi Sang Kuang; Huobi Group’s
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Australia to Explore Potential for Retail and Wholesale CBDCs
The Reserve Bank of Australia (RBA) is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) to explore use cases for a central bank digital currency (CBDC). The (DFCRC) is a 10-year, A$180 million research programme funded by industry partners,
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