Blockchain/Bitcoin

Why Cryptocurrencies Should Be Part of Your Company’s Portfolio Diversification

Cryptocurrencies are gaining traction, mainly amongst institutional clients who find themselves embracing a new and rising asset class. Sparrow, a home-grown digital asset specialist, sheds some light on the trends unfurling in the digital assets space. “We observe growing interest

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Launch of ‘Homo Spacien‘ NFT Collection Shows How Space Travel Will Shape Human Evolution

Vizzio Art Creators Lab (VACL), part of Vizzio Art, a European provider of digital wall art technology, announces the launch of a limited NFT collection ‘Homo Spacien’. The uniquely crafted series will conceptualize how humanity continues to evolve in parallel

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Coinhako Gets MAS’ In-Principle Approval for Digital Payment Tokens Services

Singaporean cryptocurrency platform Coinhako has been issued an in-principle approval from the Monetary Authority of Singapore (MAS) to provide digital payment token services under the Payment Services Act (PSA) as a major payment institution. Coinhako said that it is currently

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“No Pressing Need” for a Digital Singapore Dollar Despite Benefits

There is “no pressing need” for a retail central bank digital currency (CBDC) in Singapore at this point in time, but market shifts and changing customer expectations are nevertheless forcing the central bank to prepare for a possible issuance in

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Digital Assets Trading Platform Sparrow Raises US$4.4 Million Series A

Sparrow, a digital assets trading platform headquartered in Singapore, has raised US$4.4 million in Series A funding led by Gain Loyal, an investment company focusing on real estate investments in Asia. The company intends to use the funds to create

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Blockchain Association Singapore and NTUC Raise S$400K in NFT Charity Auction

Blockchain Association Singapore (BAS) and the National Trades Union Congress’ U Care Fund (NTUC-U Care Fund) jointly hosted the Blockchain for Good Event Night 2021 to recognise those who have contributed to the nation’s first Non-Fungible Token (NFT) charity auction.

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Meet the Winners of MAS’ Global CBDC Challenge

The Monetary Authority of Singapore (MAS) has announced the winners of the Global Central Bank Digital Currency Challenge (Global CBDC Challenge) at the Fintech Awards Ceremony of the Singapore Fintech Festival (SFF). Selected from 15 finalists, the three top winners each

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IMDA, MAS and ADGM Complete World’s First Digital Trade Financing Pilot

Singapore’s Infocomm Media Development Authority (IMDA), the Monetary Authority of Singapore (MAS) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) have successfully concluded the world’s first cross-border digital trade financing pilot of its kind. Commercial

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DBS Digital Exchange Reports Robust Growth Since It Went Operational 24/7

DBS Digital Exchange (DDEx) announced that it had recorded over S$600 million in digital assets under custody as at the end of October, triple the amount recorded in the previous month. The exchange has since witnessed robust growth since it

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Huobi’s Singapore Users Urged to Withdraw Digital Assets by March 2022

Huobi Global, a global blockchain asset financial services provider, announced that  it will no longer be able to offer services to Singaporean users. The company cited the country’s strict regulations as a reason and will be closing the accounts of

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