Blockchain/Bitcoin
MAS Proposes New Regulations Amid Emerging Risks Arising from Digital Assets
Singapore’s central bank, the Monetary Authority of Singapore (MAS), is proposing new regulations that it would give it more power to regulate the financial services industry, notably in the fields cybersecurity and virtual assets, the regulator said on July 21.
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Mastercard Accelerates Cryptocurrency Program for Crypto Card Issuers
Mastercard announced the expansion of its cryptocurrency program by inviting cryptocurrency firms to join their Accelerate program. The partnership makes it simpler and faster for the parties involved to bring secure and compliant payment cards to market. The program provides
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Contour and DBS Ties up in a Push for Blockchain Trade Finance
Contour, the blockchain trade finance network that’s formerly known as Voltron has partnered with DBS Bank to push the digitalisation of trade finance with the completion of the network’s first fully digital end-to-end secured Letter of Credit (LC) between Nanjing
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Project Ubin: MAS Completes Final Phase Central Bank Digital Currency Project
The Monetary Authority of Singapore (MAS) and Temasek today jointly released a report to mark the successful conclusion of the fifth and final phase of Project Ubin. It provides technical insights into the blockchain-based multi-currency payments network prototype that was
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Singapore Blockchain Map 2020 Shows Strong Ecosystem Growth
OpenNodes, powered by Tribe, unveiled the Singapore Blockchain Landscape Map 2020 at ‘Unitize’, a collaborative online blockchain conference organized by San Francisco Blockchain Week and Blockshow. Since 2019, Singapore’s blockchain ecosystem has seen substantial growth. There are 91 new additions
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Futures vs Bitcoin Futures: What’s the Level of Risk?
Futures represent standardized financial derivatives, i.e. contracts for the sale of certain assets on a certain day in the future and at a predetermined price. The futures contract obliges the buyer to buy the goods in question on a predetermined
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7 Recommendations for Cryptocurrency and Utility Token Issuers
In 2017/18, the total market capitalization of cryptocurrency markets reached all-time highs. At the same time, certain projects like BitConnect made their name as one of the most prominent ICO scams. Therefore, a stain remains on the digital asset industry
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BCB Blockchain Announces US$15 Million Grant for Asia’s Tech and Blockchain Startups
Building Cities Beyond (BCB) Blockchain has announced the launch of its BCB Innovation Grant. The Singapore-based blockchain developers for smart city solutions will be looking to award US$15 million worth of grants to projects developing on the BCB protocol, as
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Crypto Platform Sparrow Raises US$ 3.5M in Funding Round Led by BitMEX’s Owner
Sparrow, a Singapore based options trading platform for Bitcoin and Ethererum announced that they have secured US$ 3.5 Million in Series A funding. The round was led by the HDR Group, owner and operator of BitMEX, and supported by Signum Capital,
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IDC Reports Worldwide Blockchain Spending to Slow Down to US$ 4.3 Billion in 2020
According to the April update of the IDC Worldwide Blockchain Spending Guide Worldwide and Asia Pacific blockchain spend will decline in 2020 as compared to the pre-COVID-19 forecast scenario. The report captures data from all Asia Pacific countries except Japan.
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