Archive

Bank of Thailand Set to Kick off Retail CBDC Pilot by End of 2022

The Bank of Thailand (BOT) said on Friday that it will be conducting a retail Central Bank Digital Currency (CBDC) pilot at the end of 2022. According to the central bank, the BOT deems it necessary to extend the scope

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AsiaPay Partners With TripleA to Offer APAC Merchants Crypto Payments Acceptance

AsiaPay, a digital payment service provider and technology vendor in Asia Pacific, announces a new partnership with TripleA, a MAS-licensed cryptocurrency payment gateway service provider in Singapore, to enable merchants to accept crypto payment. Through this partnership, AsiaPay’s merchants can

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Top 30 Open Banking Influencers for India 2022

India is seeing the rise of a thriving open banking ecosystem, a burgeoning landscape that has emerged on the back of governmental initiatives and infrastructure projects seeking to boost financial inclusion through digital technology. The India Stack digital infrastructure, which

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Here Are All The Licensed Crypto Services Providers in Singapore

On January 14, 2019, the Singapore Parliament passed its comprehensive Payment Services Act (PS Act), replacing the former Payment Systems Oversight Act and Money-Changing and Remittance Businesses Act to broaden the scope of regulated payment activities to include emerging trends

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Zipmex Allows for Altcoin Withdrawals, Sheds Light on Babel Situation

Singapore-based cryptocurrency exchange Zipmex announced that it will release unaffected digital assets Cardano’s ADA, Solana (SOL) and Ripple’s XRP into its users’ Trade Wallet from 2 August onwards. Tokens in Z Wallet will be debited and the corresponding amount will

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NETS and Thailand’s National ITMX Expand Cross-Border QR Payment Ties

Network for Electronic Transfers (NETS), Singapore’s payment services group, and National ITMX, Thailand’s key inter-bank payment infrastructure and central data processing system, announced the expansion of their cross-border QR payment collaboration. This partnership will facilitate inbound and outbound cross-border payments

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Binance Co-founder Yi He Tapped to Lead US$7.5 Billion VC Arm

Global cryptocurrency exchange Binance announced that its Co-founder Yi He will be the new Head of Binance Labs, its venture capital (VC) arm and incubator. Yi will lead global strategy and the day-to-day operations at Binance Labs. Part of her

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Revolut Singapore Launches Crypto Services, More Than 80 Tokens Now Available

Global financial superapp Revolut has launched its new cryptocurrency service in Singapore, enabling customers to securely buy, hold and sell cryptocurrencies. There are more than 80 tokens available via its app. Revolut had secured in principal approval from the Monetary

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Fintechs, Finance Firms Snap Up Media Companies to Gain Audience

This past year has seen banks, financial services companies and fintech startups snapping up media companies, realizing the merits of owning their audience to gain exposure, sell more products and become more profitable. An extensive research paper by business analytics

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Crypto Firm Vauld Granted 3-Month Moratorium by the Singapore Court

Singapore-based crypto platform Vauld has been granted a three-month moratorium until November 7 by the Singapore High Court to halt its creditors from starting or continuing any legal proceedings against it, according to a report by The Block. This would

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