Blockchain/Bitcoin

HSBC Shifts R3’s Corda Onto Google Cloud

HSBC announced that it has become the first financial institution to move software firm R3’s blockchain platform Corda Enterprise onto Google Cloud. HSBC said that the move will reduce client onboarding time from months to weeks, improving the client experience

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How To Mitigate Risks In Owning Bitcoin?

After seeing gains of over 400% over the past year, Bitcoin currency has passed over $50,000 mark. It’s an incredible story for a coin that just four years ago was trading below $1,000. Recently the coin was named the best

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How Financial Regulations Have Evolved in 2021

Almost all countries increased regulation of the crypto finance industry in 2020. The COVID-19 pandemic provoked a significant boost of digital crimes, including money laundering, terrorist financing, online black marketing and other related criminal activity. Certain jurisdictions have already implemented

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Blockchain Firm Lightnet Expands Payout Services Across SE Asia With MoneyGram

Blockchain firm Lightnet has announced its collaboration with MoneyGram, a provider of cross-border P2P payments and money transfers. The integration and implementation of Lightnet’s technology with MoneyGram‘s money transfer services provides customers with a wide selection of payout services across

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Siam Commercial Bank’s Venture Arm Launches $50 Million Fund for Blockchain Startups

SCB 10X, a subsidiary of Siam Commercial Bank, has set up a new $50 million venture capital fund will invest in both early and growth stage startups globally that are dedicated to blockchain, decentralised finance (DeFi), and digital assets. This

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What Is a Cryptocurrency and Why Should I Use It?

A cryptocurrency is a digital currency, which can be used to buy various services. It tries to secure online transactions by using an online ledger with strong cryptography. Most people, who use this currency, do that because of the trading

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ECXX Ties up With UOB Kay Hian to Offer Securitised Token Offerings

ECXX Global, a Singaporean asset-based digital securities exchange, announced that it has collaborated with regional brokerage UOB Kay Hian to bring in deep tech startups to their network and offer them the opportunity to list via Securitised Token Offerings (STOs)

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Standard Chartered Singapore’s Former CEO Joins STACS as Chairman

Ray Ferguson, the former CEO of Standard Chartered Singapore, has joined Hashstacs Pte Ltd (STACS), a Singaporean blockchain development company, as its Chairman. STACS is focused on capital markets use cases such as the trade lifecycle management of bonds, Environmental,

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SGX Ties up With Temasek to Develop Blockchain-Based Digital Asset Infrastructure

Singapore Exchange (SGX) and Temasek announced that they have entered into a joint venture (JV) to advance digital asset infrastructure through the use of blockchain. SGX said in a statement that the JV is set to be Asia Pacific’s first

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Digital Securities Platform iSTOX Bags US$50 Million From Japanese State-Backed Investors

Digital securities platform iSTOX announced that it had closed its Series A funding round with a total of US$50 million joined by two state-backed investors in Japan. The new investors include the venture capital arm of Japan Investment Corporation (JIC)

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