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Facebook Reportedly Developing Crypto Stablecoin Targeting India’s Remittance
Facebook is reportedly working on a cryptocurrency for global payments on its WhatsApp messaging app. The project will first focus on the Indian remittances market, people familiar with the matter told Bloomberg. Facebook is developing a stablecoin, a cryptocurrency pegged
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Singapore Life Gains SG$27.3 Mil Investment to Fund Their Southeast Asian Expansion
Singapore Life received a US$20 million (SG$27.26 million) from New York Stock Exchange listed company Aflac. Aflac’s operating subsidiary—American Family Life Assurance Company of Columbus, will also enter into a reinsurance agreement on certain protection products with Singapore Life. The
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Philippine SEC sets 2nd Round of ICO Rules Consultation
Having postponed the release of its final rules on ICOs (initial coin offerings), the Philippine SEC (Securities and Exchange Commission) has set its second round of public consultation open until January 15, 2019. “The Commission is inviting banks, investment houses,
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