
Digital Assets
Mobee Launches Digital Asset Exchange in Indonesia, Raises Funding
Mobee has launched its new digital asset exchange in Indonesia licensed by BAPPEBTI, Indonesia’s regulatory body for trading digital assets, and raised an undisclosed sum in a funding round led by 1982 Ventures. The round was also joined by Indonesian
Read MoreAre CBDCs a Threat to Monetary Policy? Possibly, Says IMF
Central Bank Digital Currencies (CBDCs) represent a transformative development in the financial industry, as a growing number of countries rapidly progress from theoretical considerations to focused research and pilot programs. The compelling advantages of CBDCs have garnered the attention of
Read MoreTransforming the Alternative Asset Space: An Inside Look at Alta
The alternative asset space is a complex and fragmented market with many investment opportunities, such as real estate, private equity, hedge funds, and commodities. In the coming years, private capital markets are expected to experience robust growth. According to Preqin,
Read MorePartior Sets Sights on the Future of Global Money Movement
Partior is a blockchain-based exchange platform, a fintech company operating within the exciting Web3 space that is being hailed as the future of the internet. Blockchain technology provides a secure and decentralised ledger that can be used to record and
Read MoreBIS Unveils New Stablecoin and Defi Monitoring Platform, With Focus on CBDC
The Bank of International Settlements (BIS) Innovation Hub has just unveiled its 2023 priorities, focusing on stablecoins, central bank digital currencies (CBDC), data monitoring, and cybersecurity. Over the past years, the BIS Innovation Hub has been at the forefront of
Read MoreSingapore’s FSI Sector Eyes Significant Investments in ESG, Embedded Finance and Defi
In Singapore, c-suite and senior finance executives are planning to invest significantly in embedded finance, environmental, social and governance (ESG) frameworks, and blockchain-related innovations in 2023, confident that these technologies will create new growth opportunities and provide them with an
Read MoreSeba Bank Names Amy Yu as APAC CEO to Spearhead Growth Plans
SEBA Bank, a digital assets firm with a Swiss banking license from FINMA, has appointed Amy Yu as the CEO of its APAC division. As a deep domain expert in both crypto and traditional banking in Asia, Yu has over
Read MoreFintonia Secures Capital Markets License From MAS
Singaporean crypto fund manager Fintonia Group has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). This will enable Fintonia to continue expanding and providing innovative investment solutions and products to its clients. The CMS
Read MoreCrypto Lessons From 2022 The Industry Should Avoid in 2023
As any crypto industry observer surely knows, 2022 was one of the most turbulent years since Bitcoin hit mainstream notoriety and digital asset markets became a sphere of interest for fintech companies and private investors alike. The early part of
Read MoreGlobal Crypto Funding Slumps 42.5% Amidst Crypto Winter
Funding to cryptocurrency companies plummeted 42.5% in 2022, plunging from an all-time high (ATH) of US$37.08 billion secured in 2021 to US$21.26 billion last year, a new report by crypto data aggregator CoinGecko shows. While the drop may appear significant,
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