Blockchain
TRM Labs Welcomes Former INTERPOL President Boon Hui Khoo as Senior Advisor
Blockchain intelligence company TRM Labs announced that it has named Boon Hui Khoo as its senior advisor. Khoo, with an extensive background in public service, law enforcement, and national security, joins the company to enhance its efforts in combating fraud
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IOTA and Tenity’s Singapore Accelerator Offers $50,000 Grants to Blockchain Startups
Tenity, in collaboration with the IOTA Foundation, has announced the establishment of the IOTA Accelerator in Singapore. This 12-week initiative is designed to assist early-stage startups focused on developing Real World Assets (RWA) tokenisation products and infrastructure within the IOTA
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Navigating the Evolving Landscape of Crypto Crime
In the ever-evolving cryptocurrency market landscape, 2023 marked a pivotal year that saw significant shifts in the nature and scope of illicit activities. The report by Chainalysis provides a deep dive into these changes, highlighting the decline in certain types
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Contour Gets Lifeline Through Acquisition by Singaporean Fintech Xalts
Xalts, a Singaporean fintech firm supported by Accel and Citi Ventures, has acquired blockchain- based digital trade finance platform Contour Network previously owned by a consortium of leading global banks. Carl Wegner, the former CEO of Contour, is expected to
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Are APAC Businesses Ready? Assessing Digital Preparedness in Finance
In an era marked by rapid technological evolution, the finance function within businesses stands at the forefront of digital transformation in the Asia Pacific (APAC). This shift is not merely about adopting new technologies; it’s about reimagining the role of
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Here Are All The Licensed Crypto Services Providers in Singapore
On January 14, 2019, the Singapore Parliament passed its comprehensive Payment Services Act (PS Act), replacing the former Payment Systems Oversight Act and Money-Changing and Remittance Businesses Act to broaden the scope of regulated payment activities to include emerging trends
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AXS Partners with Triple-A to Launch Digital Currency Bill Payments in Singapore
Singapore-based payment solutions provider AXS has partnered with Triple-A to introduce bill payments using digital currencies through AXS’s platforms. The service, accessible via AXS m-Station, supports cryptocurrencies like Bitcoin, Ether, Tether, and USD Coin. This initiative extends payment options for
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Obligate Spearheads USDC-Denominated Bond Issuance for USD TradeFlow Fund
Obligate, a Swiss capital markets platform operating on blockchain technology, has facilitated the issuance of a USDC-denominated bond by the USD TradeFlow Fund. This development was executed on the Polygon blockchain. For Obligate, it is the first instance of working
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HashKey Singapore Now Officially Licensed as Fund Manager by MAS
HashKey Capital Singapore, a company specialising in blockchain and digital asset investments, has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). This license, initially granted in-principle in November 2022, officially recognises HashKey Capital Singapore
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SC Ventures and G+D Complete Pilot on Different Types of CBDC Systems
SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and Giesecke+Devrient (G+D) successfully completed a proof-of-concept (PoC) on the Universal Digital Payments Network (UDPN). This PoC involved executing real-time cross-border test transactions between various Central Bank Digital
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