Blockchain/Bitcoin

Phemex to Launch First Ever Zero-Fee Trading Option as Crypto Market Heats up Ups

Traders of digital assets such as BTC and ETH have been thrown a bone by one of Asia’s leading exchanges. Singapore-based Phemex has rolled out zero-fee trading on its spot exchange. The move, which is accessible for a sub-$10 monthly

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A Look at Singapore’s Updated Income Tax Guide for Digital Tokens

The Inland Revenue Authority of Singapore (IRAS) released on April 17 an e-Tax Guide on the income tax treatment of transactions involving digital tokens, as well as initial coin offerings (ICOs). The guide focuses on three types of digital tokens,

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Coronavirus: Unlocking Healthcare Potential with Blockchain

Healthcare sectors across the globe are in tremendous pressure today as the novel coronavirus (COVID-19) upended world economies and everyday lifestyle. While leaders are probing for measures to contain the spread, the pandemic continues to highlight the shortcomings of the

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CIMB Singapore Partners With iSTOX to Expand Private Capital Markets Access Through DLT

CIMB Bank Berhad, Singapore Branch (“CIMB”) signed an agreement to partner with ICHX Tech Pte Ltd (“ICHX”), operator of the next generation capital markets platform iSTOX (“iSTOX”) today. The partnership will allow CIMB clients in the ASEAN region access to

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ICC’s Digital Trade Standard to Promote Blockchain Interoperability

ICC has launched the Digital Trade Standards Initiative (DSI) – a collaborative cross-industry effort to enable the standardisation of digital trade. The ICC Digital Trade Standards Initiative (DSI) will build on work done by various like-minded initiatives, many of which

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Onchain Custodian Picks IBM’s Solution to Securely Expand its Wallet Management Offering

Onchain Custodian (ONC), the Sequoia-backed digital assets custody service provider headquartered in Singapore, has just released the next version of its SAFE™ platform, integrating cryptography services on an infrastructure securely hosted by IBM. The digital asset custody SAFE™ platform complements

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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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