SC Ventures and G+D Complete Pilot on Different Types of CBDC Systems
SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and Giesecke+Devrient (G+D) successfully completed a proof-of-concept (PoC) on the Universal Digital Payments...
View ArticleHashKey Singapore Now Officially Licensed as Fund Manager by MAS
HashKey Capital Singapore, a company specialising in blockchain and digital asset investments, has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). This...
View ArticleObligate Spearheads USDC-Denominated Bond Issuance for USD TradeFlow Fund
Obligate, a Swiss capital markets platform operating on blockchain technology, has facilitated the issuance of a USDC-denominated bond by the USD TradeFlow Fund. This development was executed on the...
View ArticleAXS Partners with Triple-A to Launch Digital Currency Bill Payments in Singapore
Singapore-based payment solutions provider AXS has partnered with Triple-A to introduce bill payments using digital currencies through AXS’s platforms. The service, accessible via AXS m-Station,...
View ArticleHere 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...
View ArticleAre APAC Businesses Ready? Assessing Digital Preparedness in Finance
In an era marked by rapid technological evolution, the finance function within businesses stands at the forefront of digital transformation in the Asia Pacific (APAC). This shift is not merely about...
View ArticleContour Gets Lifeline Through Acquisition by Singaporean Fintech Xalts
Xalts, a Singaporean fintech firm supported by Accel and Citi Ventures, has acquired blockchain- based digital trade finance platform Contour Network previously owned by a consortium of leading global...
View ArticleNavigating the Evolving Landscape of Crypto Crime
In the ever-evolving cryptocurrency market landscape, 2023 marked a pivotal year that saw significant shifts in the nature and scope of illicit activities. The report by Chainalysis provides a deep...
View ArticleIOTA and Tenity’s Singapore Accelerator Offers $50,000 Grants to Blockchain...
Tenity, in collaboration with the IOTA Foundation, has announced the establishment of the IOTA Accelerator in Singapore. This 12-week initiative is designed to assist early-stage startups focused on...
View ArticleTRM Labs Welcomes Former INTERPOL President Boon Hui Khoo as Senior Advisor
Blockchain intelligence company TRM Labs announced that it has named Boon Hui Khoo as its senior advisor. Khoo, with an extensive background in public service, law enforcement, and national security,...
View ArticleKASIKORNBANK, J.P. Morgan Set to Reduce Cross-Border Payment Times to Minutes
Thailand’s KASIKORNBANK, in partnership with J.P. Morgan, has introduced Project Carina, a new initiative aimed at accelerating cross-border payments through blockchain technology, according to RYT9....
View ArticleBank of Thailand Concludes Retail CBDC Pilot Programme, Reveals Key Findings
As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). Thailand, under the guidance of...
View ArticleTenity and XDC Network Launch Accelerator for Early-Stage Blockchain Startups
Tenity, an innovation ecosystem specialising in early-stage fintech startups, has partnered with XDC Network to introduce a new accelerator programme aimed at revolutionising the US$28 trillion global...
View ArticleDeutsche Bank Joins MAS’ Project Guardian to Explore Asset Tokenisation
Deutsche Bank has announced its participation in the Monetary Authority of Singapore’s (MAS) Project Guardian. This initiative focuses on exploring the potential of asset tokenisation in regulated...
View ArticleBIS’ Project Agorá Opens to Private Sector for Tokenised Cross-Border Payments
Project Agorá, an initiative by the Bank for International Settlements (BIS) alongside major central banks and the Institute of International Finance (IIF), is moving forward and inviting private...
View ArticleSingapore’s peaq Among 5 Global Startups in Mastercard’s Blockchain Accelerator
Payment giant Mastercard has announced the inclusion of five global startups in its Start Path Blockchain and Digital Assets programme. This initiative aims to enhance user experiences and expand the...
View ArticleSoutheast Asia Shows Strong Interest in “Degen” Crypto Tokens
The Philippines has been uncovered to be the leading country in Southeast Asia showcasing overall interest in degen crypto and small cap cryptocurrency tokens, according to an extensive recent update...
View ArticleMore Than a Quarter of Asian Financial Institutions Are Investing in Digital...
As the financial landscape undergoes a digital revolution, institutional investors are increasingly turning their attention to digital assets such as cryptocurrencies and Central Bank Digital...
View ArticleMarketnode Raises Series A Funding from HSBC and Temasek
Marketnode, a Singapore-based digital market infrastructure operator, has announced the first close of its Series A investment round, led by HSBC with additional support from existing shareholder...
View ArticleNew BIS Project Explores Wholesale CBDC for Faster, Cheaper Cross Border...
The Bank for International Settlements (BIS) has launched Project Rialto to test the potential for improving instant cross-border payments through a combination of a modular foreign exchange (FX)...
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