Crypto
Crypto.com Kicks off Its Inaugural APAC Hackathon Focused On Web3.0, AI
Crypto.com has launched its inaugural APAC Hackathon focused on Web3.0 and AI-powered solutions to support the 2030 Agenda for Sustainable Development. The agenda, adopted by all United Nations Member States in 2015, provides a blueprint to achieving the 17 Sustainable
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Crypto Exchange Huobi Global Rebrands as ‘HTX’
Crypto exchange Huobi Global announced that it has rebranded as ‘HTX’ following its 10 year anniversary. The changes have been reflected on its social media platforms. According to the exchange, the new name HTX represents “H” which stands for Huobi,
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Coinbase Clarifies That Not All Indian Users Affected by Account Shutdowns
Cryptocurrency exchange Coinbase informed its existing Indian users who did not meet the company’s updated standards that they will have to withdraw their funds by 25 September. TechCrunch reported on 11 September that Coinbase India customers were reportedly told that
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Fintech Basics: What is Cryptocurrency?
What is cryptocurrency? It is a form of digital or virtual currency that leverages cryptography for security. Unlike traditional currencies issued by governments (like the US Dollar or the Euro), cryptocurrencies operate on decentralized networks based on blockchain technology—a distributed
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Blockchain.com Secures Digital Payment Token License in Singapore
Crypto company Blockchain.com was granted a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS) on 1 August 2023. With this new license, Blockchain.com will be able to provide regulated digital payment token (DPT) services to its
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Abhi Bisarya Takes Helm as Chief Product Officer at Crypto.com
Digital asset exchange Crypto.com has promoted Abhi Bisarya as its Chief Product Officer. In this role, Bisarya will continue to lead Crypto.com’s product development and strategy as part of the company’s executive leadership team. Formerly the EVP for Product at
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SCB and Thai Central Bank Pilots Retail CBDC App
Siam Commercial Bank (SCB) and the Bank of Thailand (BOT) have developed an app as part of a retail Central Bank Digital Currency (CBDC) pilot project. The pilot programme is limited to a select group of whitelisted participants who will
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Fintech Layoffs Rock Asia in 2023: Who’s Next?
The fintech industry in Asia has been experiencing a wave of layoffs in 2023 as several companies grapple with economic uncertainties, market downturns, and the need for cost-cutting measures. From Singapore to Hong Kong, prominent fintech players have been forced
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BIS Survey Reveals 93% of Central Banks Engaged in CBDC Work
The rise of digital currencies and the increasing interest in blockchain technology have sparked significant developments in central bank digital currencies (CBDCs) and crypto assets. Central banks worldwide are actively exploring the potential benefits and implications of CBDCs while monitoring
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IMF Shows How Central Banks Can Learn from E-Money for CBDC Success
As emerging technologies converge, the world is steered towards new digital money and payment forms. With over 100 countries exploring the potential of central bank digital currency (CBDC), several central banks have already begun pilot projects or even issued their
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