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Germany’s Deutsche Bundesbank has joined Project Guardian, a collaborative initiative by the Monetary Authority of Singapore, to advance asset tokenization. Deutsche Bundesbank, the central bank of Germany, has joined Singapore‘s Project Guardian, an initiative between policymakers and the financial industry…
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Crypto exchange Coinbase has unveiled a new initiative in Singapore to foster the local developer ecosystem. Coinbase is doubling down on Singapore with a new engineering hub aimed at supporting local developers and expanding its presence in the Asia-Pacific region.…
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Bitcoin network scaling solution exSat Network has launched staking services just under two weeks after its mainnet launch. Singapore-based scaling startup exSat Network is launching staking services for Bitcoin (BTC) holders, aiming to create “new financial opportunities.” In a Nov.…
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Standard Chartered and Ant International completed SGD-denominated liquidity transfers using Ant’s Whale platform. British multinational bank Standard Chartered alongside Ant International has completed SGD-denominated liquidity transfers using Ant International’s blockchain-based Whale platform, The Asian Banker has learned. According to a…
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Stablecoin issuer Paxos has announced a new token dubbed “Global Dollar” that is “substantively compliant with MAS’ upcoming stablecoin framework.” Digital assets company Paxos has launched a new stablecoin, Global Dollar (USDG), designed to meet stringent compliance standards set by…
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Gemini has received in-principle approval from Singapore’s Monetary Authority for a major payment institution license, marking a key step in its APAC expansion. Cryptocurrency exchange Gemini, founded by Tyler and Cameron Winklevoss, announced it has received in-principle approval from Singapore‘s…
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Crypto exchange Bitrue has received approval as a Virtual Asset Service Provider in Lithuania, enabling it to offer crypto exchange and custody services. Singapore-based crypto exchange’s Lithuanian branch has been granted approval as a Virtual Asset Service Provider, allowing the…
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Crypto exchange BingX says it has restored full operations, launching a new feature designed to provide “advanced protection against external threats.” BingX, a Singapore-based crypto exchange, is bringing up a new security feature just one month after a major breach…
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Australian crypto hedge fund manager JellyC has merged with Singaporean Trovio Asset Management in an effort to attract bigger allocations from investors, such as pension fund investment. According to a Bloomberg report on Oct. 23, Australian hedge fund manager JellyC…
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Komainu, a crypto custodian provider backed by Nomura Group, completed their first acquisition by buying Singaporean rival custodian Propine Holdings. According to an Oct. 22 Bloomberg report, Japanese Nomura-backed crypto custodian firm Komainu’s Propine purchase is still awaiting approval from…
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Singapore-based blockchain infrastructure startup Marketnode has secured funding from European clearinghouse giant Euroclear to expand services in the Asia-Pacific region. Marketnode, a blockchain infrastructure startup based in Singapore, has announced a strategic investment from European clearinghouse Euroclear, aimed at expanding…
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Singapore-based crypto financial services platform Matrixport has bought the asset management unit of Crypto Finance AG. On Sept. 30, Matrixport announced in a press release that they have completed an all-cash acquisition of the Switzerland-based Crypto Finance Asset Management, the…
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TOKEN2049 has ended in Singapore. Here are three highlights from one of the most anticipated crypto conferences of the year. One of the largest industry conferences, TOKEN2049, was held from Sept. 18 to 19 in Singapore. It brought together leading…
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BingX has temporarily suspended withdrawals following a suspected hacker attack on its hot wallet, with blockchain analysts estimating losses exceeding $40 million. Singapore-headquartered crypto exchange BingX has paused withdrawals after detecting a suspected hacker attack on its hot wallet, with…
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Singaporean regulators have no plans to allow cryptocurrency use for gambling due to the risks of money laundering. During a Sept. 10 parliamentary address, Ms Sun Xueling, Minister of State for the Ministry of Home Affairs and Ministry of Social…
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Crypto exchange OKX has appointed Gracie Lin, a former official at the Monetary Authority of Singapore, as the chief executive of its Singapore branch. The OKX cryptocurrency exchange has onboarded Gracie Lin as the new chief executive of its Singapore…
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