The use of distributed ledger technology can bring efficiencies to many aspects of the lifecycle of financial products, from listing and issuing through to the settlement of trades. Singapore Exchange,…
Continue ReadingCrypto-custody provider and securities firm, Propine, has graduated from the Monetary Authority of Singapore’s fintech regulatory sandbox program, emerging with a Capital Markets Services License, and the green-light to commence…
Continue ReadingAs the use of cryptocurrencies continues to spread around the world, a number of countries have established themselves as leaders in adoption. COVID-19 has dominated 2020, and the effects of…
Continue ReadingPRESS RELEASE. Bityard, a fairly new crypto exchange, currently focuses primarily on crypto asset trading. The crypto exchange, which was unveiled recently, is going to launch its US stock trading…
Continue ReadingOSL, a major digital asset platform in Asia and a unit of Fidelity-backed BC group, has been officially licensed by the Securities and Futures Commission of Hong Kong. According to…
Continue ReadingIt’s been a busy couple of weeks for Switzerland’s digital asset exchange, SDX. In chronological order (and pardoning the unavoidable alphabet soup): Last week SDX’s parent company, SIX, announced test…
Continue ReadingAfter anticipating its plans in October, DBS, Singapore’s largest bank, is establishing a new cryptocurrency exchange division called DBS Digital Exchange. Announced on Thursday, the venture is also backed by…
Continue ReadingDBS Bank of Singapore has officially announced the arrival of its digital assets exchange, with trading to start next week. The DBS Digital Exchange is 10% owned by Singapore’s SGX…
Continue ReadingAnother big bank edging closer to a crypto custody offering, Netherlands-based ING, spoke publicly for the first time this week about about its preliminary trials with digital assets. Speaking at…
Continue ReadingSwitzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture. According to a Dec. 8 announcement, the firms’ digital asset-related subsidiaries,…
Continue ReadingA Singapore government research department has launched a new program intended to advance commercial applications of blockchain within the city-state. According to a report by The Strait Times on Monday,…
Continue ReadingFidelity Digital Assets president Tom Jessop says that bitcoin is not a true store of value just yet because the digital asset is still too volatile, Reuters reported. However, investors…
Continue ReadingChina Construction Bank, the world’s second-largest bank by assets, is cooperating with Malaysian and Singaporean partners to test blockchain technology for use in the bond market. As previously reported, China…
Continue ReadingThe Australian government is trialing the use of blockchain technology for inter-government document exchanges with Singapore as the latest action in a series of pro-blockchain efforts. It follows hot on…
Continue ReadingThe Australian Border Force (ABF), the country’s customs and border protection agency, wants to simplify cross-border trade with Singapore using blockchain technology. In collaboration with Singapore Customs and the Singapore…
Continue ReadingSingapore is ready to launch it’s own central bank digital currency, or CBDC, said Sopnendu Mohanty, chief FinTech officer at Singapore’s central bank and financial regulator, Monetary Authority of Singapore.…
Continue ReadingBlockShow has unveiled the speakers for the upcoming cryptocurrency-related event taking place in Singapore in December. As previously announced, the Singapore FinTech Festival, or SFF 2020, is organized in partnership with…
Continue ReadingDBS, Singapore’s largest retail and commercial bank, seems to be entering the cryptocurrency space with three new offerings. According to information seen by Cointelegrpah, DBS is launching cryptocurrency trading and…
Continue ReadingDragonEx crypto exchange suspended deposits and withdrawals of all digital currencies on its platform due to issues triggered by OKEx’s ongoing withdrawal freeze. In an official announcement on Oct. 21,…
Continue ReadingBlockShow, one of the largest blockchain events in the blockchain and crypto industry, will curate discussions around blockchain and cryptocurrency for a five-day online event hosted by the Monetary Authority…
Continue ReadingDespite this year’s uncertainty that has plagued the global economy, 2020 will go down as the year of the stablecoins due to the digital sector’s tremendous growth, with new developments…
Continue ReadingThe timing couldn’t be better for regulation-focused trading platform Qume, which unveils a revamped set of services Monday. Even in its soft-launch phase, the derivatives exchange has been mopping up…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingMajor American cryptocurrency exchange Gemini is expanding the company’s business in the Asia-Pacific region with a new high-profile hire. Andy Meehan, a former executive at major American investment bank Morgan…
Continue ReadingOne of the world’s oldest crypto exchanges now has an office in Singapore. According to an Oct. 8 announcement from OKCoin, the exchange is opening its doors to crypto traders…
Continue ReadingThe Singapore-based multinational banking entity DBS and Standard Chartered have completed the proof-of-oncept of their blockchain trade finance platform called the Trade Finance Registry. The two entities developed the PoC…
Continue ReadingSingapore-based payments company Xfers announced on Monday the official release of its XSGD stablecoin, pegged to the Singapore dollar. The stablecoin would be one of the first SGD-denominated tokens, giving…
Continue ReadingChainalysis, a major global cryptocurrency analytics firm, is expanding its presence worldwide to embrace more jurisdictions for its crypto investigations. Providing services to federal agencies like the Internal Revenue Service…
Continue ReadingCryptocurrency exchange Kucoin may have been hacked for $150 million in bitcoin and multiple ERC20 tokens. The Singapore-based exchange confirmed the September 25 security breach, but did not disclose the…
Continue ReadingWhen most people hear about buying Bitcoin (BTC) or other cryptocurrencies, they immediately think of the largest exchanges, most of which are located in Asia. Today, countries such as China…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue Reading“A pandemic-led acceleration of adoption.” That’s how Singapore-based DBS Bank describes the current state of digital assets in its quarterly report on cryptocurrencies published in August. It’s interesting to hear…
Continue ReadingA major suspect in a high-profile theft case related to Bitcoin (BTC) trading has pleaded guilty in a Singaporean court. Syed Mokhtar Syed Yusope, an accomplice in a $360,000 robbery,…
Continue ReadingSingapore Exchange (SGX), a major investment holding company in Singapore, has issued its first digital bond powered by blockchain technology. As officially announced on Sept. 1, SGX deployed its digital…
Continue ReadingSingapore Exchange Ltd (SGX) has announced plans to launch two new cryptocurrency indices. The iEdge Bitcoin Index, and the iEdge Ethereum Index, will bring certified price referencing to the Asia…
Continue ReadingSygnum, a major cryptocurrency bank in Switzerland, is preparing to finally introduce digital asset trading after receiving regulatory approval. On Sept. 1, Sygnum announced that it received regulatory approval from…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
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