Crypto asset manager Cobo raises $40M to launch DeFi-as-a-service
Despite a blanket ban in China and regulatory crackdowns on exchanges in Korea, Asia remains a hotbed for crypto investments.
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US and Singapore companies collaborating: Okcoin partners with Hodlnaut
“We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto,” said Khairi Azmi.
Binance limits SGD product offerings in Singapore amid regulatory warnings
The Monetary Authority of Singapore placed Binance on its investor alert list on Sept.1 over concerns that the crypto exchange may have violated local payments regulations.
Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments
The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led…
Australia, Singapore, Malaysia, and South Africa to Conduct a Mutual CBDC Project: Report
The central banks of Australia, Singapore, Malaysia, and South Africa will reportedly launch a trial program to test cross-border payments employing different CBDCs. Their mission: to determine whether the move…
Binance CEO says US crypto exchange will go public in three years
Binance US plans to close a major private funding round in the next two months to become more independent from Binance.
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.
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…