Crypto

Binance Debuts New Perfume in Bizarre Move to Attract Women to Crypto

Global crypto exchange Binance has decided that the secret to getting more women into cryptocurrency isn’t just financial literacy—it’s perfume. Binance has unveiled the “CRYPTO” luxury perfume ahead of International Women’s Day in an eyebrow-raising move orchestrated by the company’s

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Crypto Exchange Bitstamp Secures In-Principle Approval from MAS

Cryptocurrency exchange Bitstamp announced it has obtained an in-principle approval from the Monetary Authority of Singapore (MAS) to operate under the Major Payment Institution license. This regulatory milestone allows Bitstamp to offer digital payment token services in compliance with the

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Demystifying the World of Cryptocurrencies: An Insightful Exploration

The digital age has ushered in a revolutionary form of currency that transcends physical boundaries and traditional banking systems: cryptocurrencies. This innovative financial tool has not only captivated the interest of investors but also marked a significant leap in how

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Alchemy Pay Aims to Launch Web 3.0 Digital Bank in 2024

Alchemy Pay, a global crypto payment service provider, has unveiled its strategic roadmap for 2024, focusing on expanding its payment services and integrating new technologies. As the crypto industry continues to evolve with the Bitcoin halving and upgrades in Ethereum’s

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Over Half of Surveyed Singapore Users Own Cryptocurrency

In recent years, the landscape of cryptocurrency and digital assets has experienced significant shifts, and Singapore, a nation known for its forward-thinking approach to fintech and digital innovation, is no exception. Interestingly, Singapore’s consumer cryptocurrency ownership is high among those

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Here’s How 10 APAC Markets Are Approaching Crypto Regulation

2023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion of Sam Bankman-Fried’s FTX exchange and the collapse of of Terra, the algorithmic stablecoin created by Korean entrepreneur Do Kwon.

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Thailand’s SEC Proposes to Revoke Crypto Exchange Zipmex’s License

The Securities and Exchange Commission Board (SEC Board) of Thailand has recommended the Minister of Finance to consider the revocation of the digital asset business license of crypto exchange Zipmex. This recommendation comes after a thorough evaluation of Zipmex’s operations,

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Alchemy Pay Now Supports AlipayHK, DANA, QRIS, and GCash for NFT Purchases

Alchemy Pay, a Singapore-based provider of fiat-crypto payment solutions, has expanded its services in Hong Kong and Southeast Asia through the integration of popular regional payment platforms into its NFT Checkout. This includes AlipayHK, Indonesian digital wallet DANA, Quick Response

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Crypto Scams Decline By Nearly 30% But Ransomwares Are On The Rise

In 2023, the value received by illicit cryptocurrency addresses amounted to US$24.2 billion, representing a 39% year-over-year (YoY) decline from US$39.6 billion in 2022, new data released by blockchain analysis firm Chainalysis reveal. Despite the notable drop and improvements, the

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Thailand Scraps 7% VAT for Crypto Trading Indefinitely

Thailand’s Finance Ministry has officially removed the 7% value-added tax (VAT) on profits from cryptocurrency and digital token trades. This action, which took effect on 1 January 2024, is intended to propel the nation’s digital asset sector forward, offering an

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