Category Archives: Singapore

Singapore Bank DBS Launches Digital Exchange to Meet Crypto Demand

DBS Digital Bank

DBS Group Holdings, Southeast Asia’s greatest bank, is to set up a trade for advanced resources, including digital currencies, that will give tokenisation, exchanging and care administrations to institutional and licensed financial specialists. The move comes as institutional speculators siphoned $429 million into cryptographic money assets and items for the week ended Dec. 7, the second most elevated on record, […]

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Bitcoin Price’s Rollercoaster Ride Currently in a $1K Drop

Bitcoin Price Down

Bitcoin has fallen abruptly in the previous few hours and is trying a critical degree of damage close to $18,000. At around 06:00 UTC on Dec. 8, the cost of the world’s first digital currency tumbled to around $18,031 from $18,770. It thusly followed somewhat to $18,200. The last time bitcoin encountered a comparative drop was on Dec. 1 after […]

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Singtel Wins One of Singapore’s First Digital Banking Licenses

Singtel

An endeavor between Singapore Telecommunications Ltd (Singtel) and ride-hailing pioneer Grab and Internet customer organization Sea Ltd are among four firms to win Singapore’s first advanced financial licenses, in the city-state’s greatest financial progression activity in twenty years.  The consortium got one of four effective candidates, and its license will permit it to take stores and offer financial administrations to […]

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Asia Markets Resume Rally as Optimism for Bitcoin Price Grows

Asian Markets

Markets energized on Tuesday as financial specialists continued their immunization fuelled purchasing binge, however dealers were held under wraps by the signs of flooding infection contaminations.  Values fell over the world Monday after November’s blockbuster rally — the Dow in New York making the most of its greatest month in right around 34 years — that came because of better-than-anticipated […]

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Hong Kong Continues the Call for Crypto Trading Regulation

Hong Kong Crypto Regulation

The CEO of the Securities and Futures Commission (SFC), Ashley Alder, said in a discourse that Hong Kong will before long manage all digital currency exchanging stages, regardless of whether they exchange securities.  Digital currency and other virtual resource venture items have started financial specialists’ inclinations internationally in the previous not many years, and Hong Kong is no exemption, with […]

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Hong Kong Pushes for More Cryptocurrency Trading Regulation

Hong Kong Trading Regulation

Hong Kong will manage all digital currency exchanging stages working in the money related center, the city’s business sectors guard dog said, changing its past “pick in” approach.  Monetary controllers around the globe are as yet evaluating whether and how they ought to direct the cryptographic money industry. Speculator security and forestalling illegal tax avoidance are specific concerns.  Other money […]

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Singapore’s DBS Bank Is Soft Launching Its Own Crypto Exchange

DBS Bank Crypto Exchange

Singapore’s biggest bank DBS is dispatching a computerized cash trade permitting both institutional and retail clients to exchange digital currencies against various fiats.  Named DBS Digital Exchange, the crypto exchanging stage is intending to list four top cryptographic forms of money, Bitcoin, Ether, Ripple, and Bitcoin Cash, against different fiats, including the Singapore dollar, US dollar, Hong Kong dollar, and […]

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Coinhako Establishes Itself as the Leading Digital Wallet in Singapore

Coinhako

Coinhako is a main computerized resources wallet from Singapore and one of the longest-standing stages in the Asia Pacific locale. The stage gives safe, however basic admittance to Bitcoin, Ethereum, and other computerized resources for in excess of 200 000 clients.  Coinhako is local and set up by Singapore National Service industry specialists, Yusho Liu and Gerry Eng. It was […]

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Philippines Is Gearing Up to Be the Next Blockchain Fintech Center

Philippines Blockchain Fintech Center

In a driven offer to make the Philippines as Asian money related innovation (fintech) capital, the administrator of the House Committee on Ways and Means on Monday documented House Bill (HB) 7864, or the Blockchain Technology Development Act.  Albay Rep. Joey Sarte Salceda said his bill means to guarantee that blockchain innovation is legitimately perceived and directed in the nation.  […]

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OKCoin Opens an Office in Singapore for Asian Traders

OKCoin Singapore

OKCoin reported that it is opening another office in Singapore. Aside from the residents of Singapore, the trade will likewise serve clients from the remainder of the Asian locale, just as those from Oceania.  The move comes around five months after Singapore’s budgetary guard dog conceded it the proper exclusion. The trade has just included help for the nation’s local […]

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