Blockchain/Bitcoin
BIS to Test Central Bank Digital Currencies With Australia, Malaysia, Singapore, S. Africa
The Bank for International Settlements (BIS) Innovation Hub will test the use of central bank digital currencies (CBDCs) for international settlements with Australia, Malaysia, Singapore and South Africa. Led by the Innovation Hub’s Singapore center, Project Dunbar aims to develop a
Read More
MAS Joins Regulators Worldwide to Pin Binance Onto Its Investor Alert List
The Monetary Authority of Singapore (MAS) has joined a number of regulators worldwide to add Singaporean crypto exchange platform Binance to its investor alert list. The beleaguered crypto exchange had previously applied for a license to offer digital payment token
Read More
Standard Chartered Joins Global Digital Finance’s Board to Accelerate Crypto Adoption
Standard Chartered has become the first bank to join the Global Digital Finance’s (GDF) patron board to advocate and accelerate the adoption of best practices for crypto and digital assets. The GDF is an international alliance of some of innovative
Read More
Digital Payment Token Services Among Three New Licenses Granted to FOMO Pay
FOMO Pay, a QR code payment solution provider in Singapore, has been granted new licenses from the Monetary Authority of Singapore (MAS) to operate three new regulated activities. Starting today, merchants can now leverage on FOMO Pay services to accept
Read More
Hong Kong’s Hex Trust Secures Digital Custody License From MAS
Hex Trust, a Hong Kong-based digital asset custodian, has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). The CMS license allows the company to provide custodial services regulated under Singapore’s Securities and Futures Act.
Read More
Digital Assets Platform Zipmex Raises US$41 Million Led by Bank of Ayudha’s VC Arm
Zipmex, a Singaporean digital assets platform, has raised US$41 million in its Series B funding round where Bank of Ayudhya’s venture capital arm Krungsri Finnovate was a lead investor. The fundraise was also joined by Plan B Media Public Company
Read More
StanChart Forms JV with Linklogis for Blockchain-Based Trade Finance Platform
Standard Chartered has formed a joint venture with Linklogis, a supply chain finance technology solution provider in China, to establish a blockchain-enabled trade finance platform dubbed as Olea. The bank said that Olea is a fully-digitised trade finance origination and
Read More
What Are NFTs? Behind the Trend That’s Taking the World by Storm
In March 2021, Mike Winkelmann, a digital artist, sold a piece of his digital art for a whopping $69.3 million. The buyer of the piece called ‘Everydays: The First 5,000 days’, was Vignesh Sundaresan, a blockchain entrepreneur who is based
Read More
Binance Appoints New Australian CEO, Reiterates Regulatory Focus Moving Forward
Crypto exchange platform Binance Australia has announced the appointment of Leigh Travers as its Australian Chief Executive Officer. Travers was formerly the CEO and Director of DigitalX, a digital asset funds management firm listed on the Australian Securities Exchange, where
Read More
Binance Appoints ADGM’s Senior Exec as CEO To Get Ahead of Regulatory Concerns
Singaporean crypto exchange platform Binance appointed Richard Teng, the former CEO of Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM) as its Chief Executive Officer. Teng played a pivotal role in enabling ADGM to gain international recognition by
Read MoreLoading, Please Wait!
This may take a second or two.