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“# Join BlockShow, part of the FinTech Festival backed by Monetary Authority of Singapore ” BlockShow has unveiled the speakers for the upcoming cryptocurrency-related event taking place in Singapore in December. As previously announced, the Singapore FinTech Festival, or SFF 2020, is organized in partnership with the Monetary Authority of Singapore, the country’s major financial regulator…
“# HSBC Bangladesh uses blockchain to import 20,000 tons of fuel oil from Singapore ” The Bangladesh branch of global banking firm HSBC has conducted the country’s first blockchain-based letter of credit (LC) transaction on the Contour DLT platform. The transaction was used to settle the importation of 20,000 tonnes of fuel oil from United…
“# DBS Digital Exchange shows crypto has gone mainstream in Asia: JST Capital ” A now-deleted webpage announcing that Singapore’s largest bank is planning to launch a “digital exchange” supporting crypto asset trading is the latest sign of increasing institutional adoption of virtual currencies. The document, which appeared briefly on the DBS website, announced the…
“# Singapore’s largest commercial bank reportedly launching crypto trading ” DBS, Singapore’s largest retail and commercial bank, seems to be entering the cryptocurrency space with three new offerings. According to a description of the platform shared with Cointelegraph, DBS’s upcoming crypto service — the DBS Digital Exchange — will support four major cryptocurrencies including Bitcoin…
“# DragonEx crypto exchange considering shutdown amid OKEx ‘crisis of trust’ ” DragonEx crypto exchange suspended deposits and withdrawals of all digital currencies on its platform due to issues triggered by OKEx’s ongoing withdrawal freeze. In an official announcement on Oct. 21, DragonEx said that the OKEx freeze triggered a “crisis of trust” in centralized…
“# BlockShow returns as partner to Singapore central bank’s fintech event ” BlockShow, one of the largest blockchain events in the blockchain and crypto industry, will curate discussions around blockchain and cryptocurrency for a five-day online event hosted by the Monetary Authority of Singapore. The event runs from Dec. 7–12 and the attendees will have…
“# Stablecoins race ahead: Fiat-backed crypto booming amid uncertainty ” Despite this year’s uncertainty that has plagued the global economy, 2020 will go down as the year of the stablecoins due to the digital sector’s tremendous growth, with new developments emerging across the board. While some attribute this growth to the booming interest in decentralized…
“# Former Morgan Stanley exec joins Gemini crypto exchange ” Major American cryptocurrency exchange Gemini is expanding the company’s business in the Asia-Pacific region with a new high-profile hire. Andy Meehan, a former executive at major American investment bank Morgan Stanley, has joined Gemini as chief compliance officer of the APAC region. Announcing the news…
“# OKCoin opens doors to crypto traders in Singapore ” One of the world’s oldest crypto exchanges now has an office in Singapore. According to an Oct. 8 announcement from OKCoin, the exchange is opening its doors to crypto traders in Singapore five months after getting the appropriate exemption from the country’s financial watchdog. OKCoin already…
“#10 Essential Tips For Business Travelers Visiting Singapore” It’s a dream come true for many business travelers to finally set foot in Singapore. The city-state is an economic powerhouse and a business hub for Southeast Asia. Singapore is known for its massive economic influence on the world’s biggest industries. It’s no wonder that it’s called…