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PortuguêsBenjamin Soh, founder of blockchain development firm STACS, said that institutional players, not business-to-consumer companies, will drive the mass adoption of financial infrastructure built on blockchain technology. During the Unitize…
Continue ReadingA collection of organizations teamed up to produce a “map” of what the blockchain landscape looks like in Singapore, and it’s a lot bigger in 2020 than it would’ve been…
Continue ReadingOn Wednesday, a 52-year old man named Fok Fook Seng of Singapore was found guilty of operating a multi-level marketing scam linked to the cryptocurrency Ponzi scheme OneCoin. Since its…
Continue ReadingA 52-year-old Singapore man has been found guilty of promoting OneCoin, the multi-level marketing, or Ponzi, scheme based around its own cryptocurrency. Disclosure The leader in blockchain news, CoinDesk is…
Continue ReadingBuilding Cities Beyond (BCB) Blockchain, a Singapore based tech solution company for smart cities, has launched an innovation grant, worth $15 million, to encourage development on its ecosystem, according to…
Continue ReadingA report from the Cyber Security Agency of Singapore, or CSA, shows that the number of ransomware attacks cases rose in 2019, compared to figures recorded in 2018. According to…
Continue ReadingSingapore authorities charged a 23-year-old woman with breaking the city-state’s ban on unlicensed bitcoin sales on Wednesday. The woman allegedly bought S$3,350 (about $2,400) in bitcoin in late February 2020…
Continue ReadingA 23-year old Singaporean accused of unlicensed Bitcoin (BTC) dealing is set to become the first person to be charged under the city-state’s Payment Services Act. The Singapore Police Force…
Continue ReadingSpanish soccer giant FC Barcelona has sold out its first FC Barcelona Fan Tokens (BAR), which were sold via sports-focused token platforms Chiliz.net and Socios.com. The $1.3 million sale ran…
Continue ReadingNot So Private: 99% of Zcash and Dash Transactions Traceable, Says Chainalysis Chainalysis says it can track 99% of transactions involving Zcash, and almost all of Dash’s – coins that…
Continue ReadingSingapore‘s central bank and financial regulatory authority is looking to cooperate with China in the field of central bank digital money. Ravi Menon, the managing director of the Monetary Authority…
Continue ReadingNot So Private: 99% of Zcash and Dash Transactions Traceable, Says Chainalysis Chainalysis says it can track 99% of transactions involving Zcash, and almost all of Dash’s – coins that…
Continue ReadingThe popular and first Singapore-based carpooling platform, Ryde has revealed that customers will soon be able to pay with bitcoin. The feature will be available after the bitcoin support is…
Continue ReadingSingaporean carpooling app Ryde announced the launch of its own cryptocurrency wallet which will facilitate Bitcoin (BTC) payments for its service. In an announcement shared with Cointelegraph on June 17,…
Continue ReadingRyde, Singapore’s first carpooling app, will now let customers pay for rides with bitcoin. Starting next week, its users will be able to store and convert bitcoin to the company’s…
Continue ReadingByteDance, the Beijing-based multinational tech group behind Tiktok, is looking into adding banking to its line of products and services. It is currently bidding for a digital bank licence in…
Continue ReadingChinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators…
Continue Reading2 Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval Switzerland‘s financial regulator, FINMA, has approved two Zurich-based banks to offer a range of cryptocurrency services, including trading…
Continue ReadingThe Gemini cryptocurrency exchange is expanding further into Asia with the appointment of former Leonteq Asia CEO Jeremy Ng as Managing Director of Asia Pacific region. The move sets the…
Continue ReadingGemini, the U.S.-based crypto exchange and custodian, is planning to expand its services to Singapore with the appointment of Jeremy Ng as its new Managing Director of Asia-Pacific. Ng’s appointment…
Continue ReadingSingapore-based cryptocurrency exchange TomoChain will launch a peer-to-peer, or P2P, lending feature in two weeks through its TomoDEX’s platform. According to an announcement, TomoDEX is the first decentralized exchange, or…
Continue ReadingSingapore-based Delta Exchange has announced the launch of interest rate swaps (IRS) on DeFi rates, flash rates on Bitfinex, and interest rates on the BitMEX perpetual swap, starting today. According…
Continue ReadingFor crypto enthusiasts, choosing a location to live in that supports an ideal lifestyle extends beyond searching for a city with a high number of shops and retail outlets that…
Continue ReadingAs world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there…
Continue ReadingDigital currency trader and lender Genesis Global Trading is moving toward full-service prime brokerage with the acquisition of crypto custodian Vo1t, the company announced Thursday. The New York-based trading firm,…
Continue ReadingChina’s top digital bank, WeBank, has partnered with OpenNodes, a distributed ledger technology (DLT) platform by Singapore’s Infocomm Media Development Authority. Through the new partnership, WeBank will provide the FISCO…
Continue ReadingCrypto derivatives exchange Phemex is swapping out its existing trading fee structure for a new subscription model it says will make frequent trading more accessible. The Singapore-based exchange, which only…
Continue ReadingSingapore-based multinational banking firm DBS Bank has joined the blockchain trade-finance network Contour, which is built over R3’s Corda. Contour is due for a main-launch later this year. According to…
Continue ReadingHong Kong, 27 April, 2020 – CoinEx, a global and professional cryptocurrency exchange service provider, is pleased to announce its new global strategic partnership with Matrixport, the one-stop digital asset…
Continue ReadingAs 2020 staggers on, the scourge of the coronavirus is showing no sign of relenting any time soon. Since the reality of the pandemic took hold, it has revealed itself…
Continue ReadingLast week, Cointelegraph reported that KuCoin’s primary web domain, Kucoin.com, had been locked by a Singaporean court. In a statement posted on its website and in its public Telegram channel…
Continue ReadingSingapore’s tax authority will not take a cut of airdropped cryptocurrency so long as the recipient gets it for free, according to an income tax treatment guide published Friday. The…
Continue ReadingThe Inland Revenue Authority of Singapore, or IRAS, issued updated tax guidance for digital tokens on April 17. The guidelines concern payment tokens, utility tokens, security tokens, and tokens issued…
Continue ReadingOn the same day that Cointelegraph published an article detailing that KuCoin’s primary web domain was locked from being transferred to other owners, the crypto exchange has announced that its…
Continue ReadingKuCoin.com, the primary web domain of cryptocurrency exchange KuCoin, has been locked since the end of March by order of the High Court of Singapore. The court issued a temporary…
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