Blockchain/Bitcoin

A Look at Australia’s New 5-Year National Blockchain Roadmap

On February 7, the Australian government released its national blockchain roadmap in which it said it was exploring the potential benefits of blockchain to create new economic growth and improve productivity. The Australia National Blockchain Roadmap sets out a strategy

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How DeFi is Building a New Financial System

DeFi made its debut in 2019 and achieved huge user growth in blockchain industry.  Yet DeFi is still far from being widely accepted and therefore has great development potential. This article intends to help readers get acquainted with DeFi by

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Most Are Still Afraid to Invest in Crypto Despite Increased Awareness, OECD Survey Shows

Despite awareness of cryptocurrencies and initial coin offerings (ICOs) being high and interest in investing in this new asset class being strong, ownership of cryptocurrencies and tokens issued through ICOs is still low in Southeast Asia, according to a research

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DLT-Based Capital Markets Platform iSTOX Graduates MAS’ Sandbox

ICHX the operator of the iSTOX announced that it has been approved by Monetary Authority of Singapore (MAS) as a recognised market operator and capital markets services licensee. According to their press statement, this makes iSTOX the first capital markets

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Standard Chartered Invests Further in Blockchain Trade Finance Platform Contour

Standard Chartered announced Tuesday its investment into Contour (formerly known as Voltron), a blockchain-based open industry platform that will initially focus on digitally creating, exchanging, approving and issuing Letters of Credit (LCs), following the full commercialisation of its offering and

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Australian Cryptocurrency Exchange Launches in Singapore

Australian based cryptocurrency exchange Independent Reserve announced the expansion of its services to Singapore and Asia Pacific. Citing positive moves by Singaporean regulators like the introduction of the Payments Services Act, its CEO and founder Adrian Przelozny felt that it

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Thai’s Oldest Banks Teams up With Ripple For Remittance

Thailand’s oldest bank has partnered with Ripple to create SCB Easy—a mobile application that runs on Ripple to deliver instant, low-cost cross-border payments. Eight of the top ten countries using mobile payments can be found in Asia. According to a recent

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Switzerland’s Crypto Bank SEBA Expands to Singapore

SEBA Bank, an integrated bank for digital and traditional assets and licensed by the Swiss supervisory authority FINMA, is now onboarding clients from Singapore alongside 9 other jurisdictions which includes Hong Kong, UK, Italy, Germany France, Austria, Portugal and Netherlands.

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WWF and UnionBank Team Up for Financial Inclusion in Philippines Using Blockchain

Today the World Wide Fund for Nature (WWF) Philippines, UnionBank of the Philippines, and TX, announced the launch Tracey, an app for fisherfolk that will use blockchain technology for documenting and verifying catch and traceability data. The provided data can then be used by

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Blockchain Based Ride Hailing Service TADA Raises US$ 5 Million in Series A Funding

MVLLABS Pte Ltd (“MVL”), the company behind TADA,  a blockchain-based ride-hailing service that the company claims to be zero-commission, announced today a series A investment of US$5 million led by South Korean venture capital firm, SV Investment. Two of South

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