Former Binance execs say exchange is worth $300B: report
Though the exchange’s holding company is registered in the Cayman Islands, Binance currently has no formal headquarters anywhere in the world. Go to Source Powered by WPeMatico
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Bitcoin Suisse to enable Lightning Network payments
Bitcoin Suisse, Switzerland’s biggest BTC broker, has now made Lightning Network technology available for its crypto payment system. Go to Source Powered by WPeMatico
Huobi to halt services in Singapore after China exit
All Huobi clients in Singapore should close active positions and withdraw their digital assets before March 31, 2022. Go to Source Powered by WPeMatico
Retail-focused Singaporean CBDC to hedge against privately issued stablecoins
The retail CBDC will be developed in partnership with private entities, which “would be the digital equivalent of today’s notes and coins.” Go to Source Powered by WPeMatico
Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals
Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish Itself as Center for Crypto … Read more
Singapore to position itself as global crypto center, says regulator
Singapore is aggressively pursuing policies that will help the cryptocurrency sector grow. Go to Source Powered by WPeMatico
DBS Bank joins Hedera blockchain’s governing council
The bank wants to use its membership to further explore the emerging possibilities opened up by blockchain technology. Go to Source Powered by WPeMatico
Asian CBDC projects: What are they doing now?
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar? Go to Source Powered by WPeMatico
Singapore Grants Crypto Licenses to DBS and Independent Reserve
The Monetary Authority of Singapore (MAS), the country’s central bank, has formally approved two companies to provide crypto services. One is the brokerage arm of DBS, the largest bank in Singapore and Southeast Asia. The other is Independent Reserve, a crypto exchange and OTC trading desk. Singapore’s Central Bank Formally Approves DBS and Independent Reserve … Read more
Singapore finance authority grants licenses to Independent Reserve and DBS
DBSV and Independent Reserve previously received MAS’ in-principle approvals to provide digital payment token services. Go to Source Powered by WPeMatico
