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“# Ripple is helping Bhutan pilot a CBDC ” The Royal Monetary Authority of Bhutan is partnering with Ripple to pilot a central bank digital currency in the mountainous kingdom. In a Wednesday announcement, Ripple Labs said Bhutan’s central bank would be taking advantage of the company’s private ledger to issue and manage a digital…
“# New blockchain platform aims to track one third of all shipping containers globally ” Global Shipping Business Network (GSBN) has launched a new blockchain-based platform that could potentially track one-third of shipping containers across the globe. The GSBN was founded in October 2020 by eight global national freight maritime cargo companies to build a…
“#What is Dubai Famous For?” Dubai is best known for its astonishing engineering marvels and intricate architecture, but there are more diversions to it than you imagine. You can go on a dhow cruise, discover the region’s souks, walk into its amazing museums, and get away from the glitz with a desert safari, among others….
“# Vietnam leads crypto adoption in Finder’s 27-country survey ” Emerging economies like Vietnam, India and Indonesia are leading the charge when it comes to cryptocurrency adoption, underscoring important use cases for digital assets tied to remittances and financial inclusion. Finder’s survey of 42,000 people across 27 countries revealed that Vietnam had the highest adoption…
“# Indonesian crypto exchange Pintu raises $35M in Series A ” Pintu, Indonesia’s first mobile native cryptocurrency wallet and trading platform, has raised $35 million from some of blockchain’s biggest venture funds — putting the company on track to expand its team and product offerings in the near future. The Series A was led by…
“# 43% of Singaporeans own crypto, according to Independent Reserve survey ” Cryptocurrency adoption is growing in Singapore, especially among younger generations looking to capitalize on the generational wealth potential of Bitcoin (BTC) and other digital assets, according to a new survey conducted by Asia-Pacific cryptocurrency exchange Independent Reserve. Forty-three percent of the polled respondents…
“#Several Asian countries hit hard by first major COVID surges” BANGKOK — Several countries around Asia and the Pacific that are experiencing their first major surges of the coronavirus rushed to impose tough restrictions, a year and a half into a pandemic that many initially weathered well. Faced with rapidly rising numbers of infections in…
“#17 dead and 40 rescued after Philippine military plane crashed” MANILA, Philippines — A Philippine air force C-130 aircraft carrying troops crashed in a southern province after missing the runway Sunday, killing at least 17 military personnel while at least 40 were rescued from the burning wreckage, officials said. Defense Secretary Delfin Lorenzana said rescue…
“#Indian social media drags Gucci for $3,500 kaftan” Time to raid Grandma’s closet. Gucci has found itself in the hot seat once again as South Asian shoppers have taken to social media to blast the brand for cultural appropriation — this time for hawking a $3,500 floral tunic that some have said look identical to…
“# Singapore’s biggest bank launches crypto trust solution ” DBS Private Bank, one of the biggest wealth managers in Asia outside China, has launched a cryptocurrency trust solution amid growing demand for digital assets. After setting up its own crypto exchange in December 2020, the Singaporean banking giant is now expanding its crypto services via…