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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...

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HashKey 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...

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Obligate 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...

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AXS 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,...

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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...

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Are 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...

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Contour 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...

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Navigating 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...

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IOTA 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...

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TRM 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,...

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KASIKORNBANK, 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....

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Bank 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...

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Tenity 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...

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Deutsche 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...

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BIS’ 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...

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Singapore’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...

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Southeast 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...

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More 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...

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Marketnode 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...

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New 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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