Category Archives: Singapore

Asia Is Still the Driving Region for Cryptocurrency

Asia Crypto

With regards to cryptographic forms of money, Asia represents countless crypto clients, organizations, miners, merchants, and then some. The digital money and blockchain analyst from messari.io, Mira Christanto, clarifies that Asia has a past filled with despots, cash devaluation, [and] capital controls – all ready for interruption. This has likely prompted Asia being the most dynamic cryptographic money markets, as […]

» Read more

Bitcoin Price Plunges But Asian Markets Continue to Acknowledge Crypto

Worried Businessman

Bitcoin unexpectedly plunged 17% to beneath $48,000 on Monday in the wake of recording a progression ever higher in the previous week. The main crypto arrived at a $1 trillion market cap on Friday prior to taking off to a record $58,042 on Sunday. Bitcoin immediately recuperated from the dive and was drifting on solid land $54,000 at the hour […]

» Read more

Binance Announces Binance P2P, Its Peer-to-Peer Trading Market

Binance South East Asia

As mass appropriation of retail interest in cryptographic forms of money turns out to be more open, trust in digital currencies is developing across the world, as per new experiences from Binance Research’s “2021 Global Crypto User Index”.  The report looks at information from more than 61,000 crypto clients around the globe, revealing insight into the inspirations, practices, and inclinations […]

» Read more

Bank of Singapore Claims Bitcoin Could Replace Gold

Bank of Singapore

Singapore offers a reasonable administrative and legitimate climate for digital currencies. The Monetary Authority of Singapore (MAS), Singapore’s monetary administrative body, puts stock in directing the digital currency environment to screen any dangers related with crypto exercises like tax evasion while additionally guaranteeing that it doesn’t smother development.  Lawfully, Singapore offers a nonpartisan system for the development of exchanges including […]

» Read more

Asia Is Responsible for Half of the World’s Crypto Trading

Asia Crypto Trading

Asia represents practically 50% of all advanced resource exchanging and is home to six of the 10 biggest crypto unicorns, as per a report by Messari, an online information base for the crypto business.  China, Japan, Korea, Hong Kong, and Singapore are market pioneers with profound pools of liquidity, adding that other Asian nations likewise can possibly scale. Messari analyst […]

» Read more

Investors Seek Exposure to Bitcoin after Price Rally

Investors

Bitcoin trade exchanged items are seeing record exchanging volumes. In the interim, all the more large banks are supposedly attempting to get into the crypto space, including Goldman Sachs. With the cost of bitcoin quickly ascending over late months, more financial specialists are looking for openness to the cryptographic money. The cost of bitcoin rose about 24% since the start […]

» Read more

Bitcoin Mining Has Surprising Environmental Implications

Bitcoin Mining Environment

Bitcoin has taken off to new, beforehand impossible highs in the most recent year or two, driving business sector assumption to indeed be taking a gander at the world’s most important digital money. With the worth of eye-watering US$40,000 this week for a solitary Bitcoin, the Bitcoin mining industry is set to get going once more.  Bitcoin mining alludes to […]

» Read more

Singapore Steps Up Regulation on Virtual Payments

Singapore Virtual Payments

Any entity that encourages the transmission, trade or capacity of computerized installment tokens (DPT) will currently must be authorized, following improvements to the Payment Services Act, which was passed by Singapore’s parliament.  Such virtual installment suppliers will be liable to extended principles and guidelines set by the Monetary Authority of Singapore (MAS), said Minister for Transport Ong Ye Kung during […]

» Read more

Singapore Is Primed to Transform Itself as Asia’s Silicon Valley

Singapore Silicon Valley

The long-lasting worldwide monetary center will expect many new openings in the following not many years as ByteDance and Alibaba apparently plan provincial workplaces in the city-state. The interest comes as Google, Facebook, and Twilio as of now have tasks in Singapore. The spotlight accompanies tension on organizations to locate the best tech ability in Singapore, which has a populace […]

» Read more

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, […]

» Read more
1 2 3 11