Blockchain/Bitcoin

Huobi Group Greenlit by Thai Regulators to Operate Crypto Exchange

Cryptocurrency exchange Huobi Group announced that they have secured the necessary regulatory approval to operate in Thailand. The group expects that their platform will go live latest by September 2019. “Huobi is one of the largest exchanges in the world

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IEOs On The Rise Amidst Crypto Summer

“Crypto summer” is finally here as the industry once again enters the mainstream, according to a new report by CoinGecko, a cryptocurrency market data aggregator. According to the 2019 Quarter 2 Cryptocurrency Report, the quarter witnessed an astonishing 125% increase

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UnionBank and OCBC Pilots Blockchain Based Remittance from Singapore to the Philippines

UnionBank of the Philippines recently became the first Philippine bank to successfully pilot blockchain-based remittance from Singapore to the Philippines. This was done in partnership with OCBC Bank, Singapore, using the Adhara liquidity management and international payments platform. Amid a

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UnionBank to Launch a Blockhain Powered SME Financing Platform with OneConnect

OneConnect announced today, their partnership with Union Bank’s wholly-owned fintech subsidiary UBX to build what they claim to be the country’s first blockchain enabled platform geared towards meeting the banking needs of MSMEs in the Philippines. According to their press

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Millions of Durians Will Be Tracked on the Blockchain for Thailand’s Largest Durian Exporter

DiMuto has closed a deal with Queen, Thailand’s largest durian exporter and producer to track durians on the blockchain. DiMuto will tag, track and trace around four million fresh durians from Thailand to China, Japan and other parts of Asia.

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Binance Launches Fiat-to-Crypto Gateway for Singapore Users

Binance – the global cryptocurrency exchange that in the last 24 hours has facilitated more than $2 billion in trading volume, has just announced that is has launched a Fiat-to-Crypto gateway for citizens based in Singapore.  The platform, which it

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Singapore’s New GST Proposal for Crypto “One of the Friendliest Tax Regulations in the World”

The proposal of the Singapore government’s taxation agency to remove goods and services tax (GST) from cryptocurrency transactions could give a boost to the burgeoning sector, experts and industry participants claim. Earlier this month, the Inland Revenue Authority of Singapore

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A Blockchain-Powered Data Marketplace for Used Cars Launches in Singapore

sgCarMart is launching a Know-Your-Vehicle used car data marketplace, in a bid to help users make better decisions. The company will utilise a decentralised data exchange protocol by Ocean Protocol to make the vision a reality. Glenn Ong, General Manager of

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Prime Minister Lee Hsien Loong: Not All Problems Need a Blockchain Solution

Prime Minister Lee Hsien advised sober assessment of blockchain technology in a Facebook post shared earlier. Ironically on his Facebook post he was also commenting on the Facebook’s controversial cryptocurrency project, Libra. Describing Facebook’s Libra, he said it has “a

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SGD 16.8 Million Raised for Blockchain Solutions Through Singapore’s Government Backed Blockchain Accelerator

Today, Tribe Accelerator, Singapore’s first government supported blockchain accelerator, held its first ever Demo Day at Facebook’s Asia-Pacific Headquarters in Singapore. The Demo Day is part of a global demo tour that will showcase the market-ready solutions developed by Tribe’s

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