Author Archives: Adam Gonzales

Singapore Allows Crypto Companies to Operate without Licenses

Singapore Crypto Exchange No License

The Monetary Authority of Singapore has conceded an exception from holding a permit to various digital money organizations working in the nation under the new Payment Services Act. Among the organizations profiting by this half year elegance period are Binance, Coinbase, Gemini, Bitstamp, Luno, Upbit, and Wirex.  Singapore’s national bank and budgetary controller, the Monetary Authority of Singapore (MAS), distributed […]

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India Now Has The Potential to Lead Bitcoin Adoption

Bitcoin India

Toward the beginning of March this year, the crypto network praised the choice of the Supreme Court of India to lift the ban of crypto exchanges. The boycott was forced in 2018 when the Reserve Bank of India (RBI) restricted crypto trades from getting to banking administrations. The measure therefore negatively affected the Indian crypto industry and prompted the conclusion of […]

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India’s Supreme Court Lifts Bitcoin and Cryptocurrencies Ban

Bitcoin Ban Lift India

India’s Supreme Court struck down a national bank mandate that prohibited Bitcoin and different cryptographic forms of money in India, Bloomberg has announced.  The cost of BTC and different cryptocurrencies have been apparently unaffected by this choice, with costs remaining successfully dormant in the previous 48 hours.  A three-judge seat of the court administered on Wednesday for petitions by crypto […]

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RAKBANK Partners up with BDO Unibank to Enhance Philippine Footprint

RAKBANK BDO

There are numerous reasons why the Philippines is turning out to be progressively crypto-accommodating. Not just has its national bank enrolled more crypto trades as of late, yet the Securities and Exchange Commission has likewise been effectively finishing crypto rules. The nation has a functioning crypto network, and probably the biggest bank has been occupied with numerous crypto ventures. The […]

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Bitcoin Halving: What It Means for Asian Markets?

Bitcoin Halving

Bitcoin (BTC) is worth more in 2020 than some other year since its beginning — and verifiable information recommends that its cost will keep moving for an additional 19 months.  For 2020, the normal exchange amount for BTC/USD is $9,120, as indicated by Todaro’s computations. This is higher than even 2017 when the pair arrived at its present record-breaking high […]

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Binance Eyes Singapore with an Operating License Application

Binance Singapore

Binance Holdings has applied for a working permit in Singapore under the nation’s new installments enactment, which plans to be an extensive administrative office for advanced monetary forms. As indicated by a Bloomberg report, one of the world’s biggest crypto trades has done recently that. Binance, with base camp in Malta yet additionally operates in urban areas across Asia, is […]

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Bitcoin Reaches New High in Preparation for May Halving Event

Bitcoin 10,000

Bitcoin has moved back over the $10,000 mark without precedent for five-months – however some other smaller digital currencies are leaving it in the dirt.  The bitcoin price, up some 40% since the start of 2020, crushed through the key $10,000 obstruction to hit highs of $10,127 on the Luxembourg-based Bitstamp trade with respect to early Sunday morning Hong Kong […]

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Cambodia Announces State Cryptocurrency with Support of 11 Banks

Cambodia National Cryptocurrency

With China still ahead of the pack, different nations are propelling their tasks to create installment frameworks around national bank computerized monetary forms (CBDCs). Cambodia, for instance, has as of late uncovered it will mint its own cryptocoin in months. The news comes as more insights regarding the advanced Chinese yuan show its principle reason will be to substitute money […]

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Thai SEC Gives Nod to Crypto Exchange Zipmex with License

Zipmex

Cryptocurrency exchange Zipmex, which as of now works in Australia, Indonesia, and Singapore, has gotten the green light to operate in Thailand. The trade has acquired a permit from Thailand’s Securities and Exchange Commission (SEC), as indicated by an announcement. Zipmex said it needed to meet a few stringent conditions to get the permit, including having investor value of 50 […]

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Japan and Philippines Discuss Crypto Regulations

Japan Philippines Crypto

Naokazu Takemoto, Japanese Minister of State for Science and Technology Policy, visited Manila a week ago to meet with Secretary Raul Lambino, manager and CEO of the Cagayan Economic Zone Authority (CEZA). The two authorities talked about the eventual fate of fintech organizations in the two nations and the Asian locale, particularly those identified with cryptographic forms of money, blockchain […]

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