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“# Singapore’s largest bank DBS sets up crypto exchange platform ” After 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 SGX, Singapore’s largest derivatives and asset exchange, which owns a 10% stake in the…
“#Relieved passengers leave Singapore cruise after COVID-19 scare” SINGAPORE – A Royal Caribbean “cruise-to-nowhere” from Singapore began disembarking its nearly 1,700 passengers who were confined to their cabins for more than 16 hours on Wednesday after a COVID-19 case was detected onboard, forcing the ship back to port. All passengers aboard the Quantum of the…
“# Hundreds of millions of consumers will use digital currencies soon: Circle CEO ” Speaking at Singapore Fintech Festival, Circle CEO Jeremy Allaire said that “third-generation blockchain technology” would see digital currency “in the hands of hundreds of millions, if not billions of users.” Allaire featured on a panel alongside the CEO of Facebook’s ‘Diem’…
“# Japanese SBI and Swiss SIX plan joint crypto venture in Singapore ” Switzerland’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, SIX Digital Exchange and SBI Digital Asset Holdings, are launching a new…
“# Singapore’s blockchain industry cites supply chain management as biggest DLT use case ” Singapore’s burgeoning blockchain industry has identified asset tracking and traceability as the top use case for distributed ledger technology, underscoring the need for better supply chain management in a post-pandemic world. The findings were presented Monday in the “2020 Singapore Blockchain…
“#Two maids in Singapore accused of putting blood and urine in boss’ food” Whatever happened to just nagging someone? Two maids in Singapore have been accused of mixing their bodily fluids into food — including one household servant who allegedly thought doing so would make her bosses more agreeable. Canares Rowena Ola, 43, was hauled…
“# China Construction Bank’s blockchain bond efforts take a new direction ” China 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 Construction Bank’s branch in Labuan, Malaysia, had initially pursued a partnership with a…
“# Australian government embraces blockchain with new trial and public servants’ network ” The 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 the heels of the establishment of a new network promoting blockchain to…
“# Singapore ready to launch wholesale CBDC, local exec says ” Singapore 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. Speaking on the subject during an exclusive interview with Cointelegraph, Mohanty pointed out that…
“#Singapore activist faces fine over one-man smiley face sign protest” SINGAPORE – Singapore is set to charge an activist with staging a one-man protest without a permit over an incident in which he held up a sign bearing a crudely drawn smiley face outside a police station. Police told Jolovan Wham, 40, who has had…