Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot
The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank-issued digital currencies.
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MUFG boosts its crypto exposure following $41M Zipmex funding round
Thailand's Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex.
Singapore central bank shortlists 15 companies to develop retail CBDC
The 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.”
Singapore Myanmar Investco Purchases 800 Mining Rigs, Firm Plans to Offer Mining Services
On August 24, the investment and management company, Singapore Myanmar Investco Limited (SMI), revealed the company is entering the bitcoin mining industry as it has ordered 800 mining rigs to…
Hacked Liquid exchange receives $120M debt funding from FTX
The funding comes soon after Liquid suffered a major hacking incident last Thursday when the exchange’s warm wallets were compromised.
Australia and Singapore conclude digital verification blockchain pilot
A nine-month blockchain initiative assessing the cost and time efficiency of the two countries’ digital verification systems has been deemed a success.
Ethereum, Bitcoin, Cardano Are Most Popular Cryptocurrencies in Singapore: Study
A new study shows that ethereum is the most popular cryptocurrency among more than 4,000 adults surveyed in Singapore. The second-most popular crypto is bitcoin, followed by cardano. Singapore-Based Crypto…
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