Asia

March 6, 2018 @ 10:44 pm By JD Alois  |  

Dare to be the best. Far Eastern Air Transport or FAT Taiwan Inc. has announced it will “fully accept encrypted digital currency” to purchase airline tickets and related services. FAT wants to be a pioneer in the airline industry and its decision to embrace Bitcoin… Read More

March 6, 2018 @ 9:15 am By JD Alois  |  

Singapore based Fintech Hub LATTICE80 will begin their Initial Coin Offering (ICO) at some point this month (March). The ICO will commence with a private sale for approved investors. LATTICE80 will issue “KAYA” tokens as part of its vision to connect Fintech and Blockchain startups globally… Read More

March 5, 2018 @ 7:05 am By JD Alois  |  

Speedy blockchain platform Ziliqa has added smart contract technology experts Dr. Ilya Sergey and Evan Cheng to their advisory board. Ziliqa is a project founded by researchers at the National University of Singapore and is designed to address the transactional shortcomings in most of the Blockchain… Read More

March 5, 2018 @ 6:49 am By JD Alois  |  

Bank Negara Malaysia (the central bank of Malaysia) has published an Anti-Money Laundering and Counter Financing of Terrorism Policy for Digital Currencies. The document sets out the minimum requirements that a reporting institution must observe to increase the transparency of activities relating to digital currencies, such… Read More

March 3, 2018 @ 2:02 pm By Xu Gao  |  

China Issues its First Personal Credit Rating License On February 22, the People’s Bank of China published an announcement about setting up personal credit rating agencies. According to the document, Baihang Credit Rating Co., Ltd., was granted the first personal credit rating license in China,… Read More

March 2, 2018 @ 2:11 pm By Samantha Hurst  |  

Wecash, a China-based fintech and big data tech company, announced on Friday it secured $160 million during its latest Series D funding round, which was led by ORIX Asia Capital and SEA Group, with participation from SIG, Sagamore, Forebright, Lingfeng Capital and Hongdao Capital.  Founded… Read More

March 1, 2018 @ 8:27 am By JD Alois  |  

Marvelstone Group backed Global FinTech Hub LATTICE80 has opened a Research and Development (R&D) operation in South Korea, according to a note from the company. Joe Seunghyun Cho, Founding CEO of LATTICE80 and Chairman of Marvelstone Group, said that South Korea has become one of… Read More

February 27, 2018 @ 10:30 pm By JD Alois  |  

Bankorus (formerly MiCai), a provider of Robo-advisor solutions to wealth management companies and individuals with a combined AUM of $30 billion, is partnering with AI Catapult, the new Blockchain and AI accelerator created by JD.com. JD.com is one of the largest digital commerce platforms in… Read More

February 27, 2018 @ 1:11 pm By JD Alois  |  

Swedish electric car manufacturer Uniti  says it has concluded its first step in bringing its electric vehicle (EV) to Asia with a successful introduction of the Uniti One at India’s Auto Expo 2018 in New Delhi. Without providing specific order numbers, Uniti said it had… Read More

February 27, 2018 @ 12:13 pm By Samantha Hurst  |  

trueEX, a New York-based electronic, CFTC-regulated exchange for interest rate swaps, announced on Tuesday it has opened a Singapore office to provide trading access for interest rate swaps denominated in 28 currencies, including 11 in the Asia-Pacific region. The company reported that on the back of significant volume growth, dealer… Read More

February 26, 2018 @ 11:12 am By Samantha Hurst  |  

On Monday, the Monetary Authority of Singapore (MAS) announced it signed a Memorandum of Understanding (MoU) with the Government of Maharashtra (GoM) to strengthen cooperation in promoting FinTech innovation in the two markets. The MoU was signed at a ceremony at the Magnetic Maharashtra event in India…. Read More

February 26, 2018 @ 8:00 am By JD Alois  |  

CoAssets Limited (ASX:CA8), a crowdfunding and Fintech lending platform for businesses reported its financial and operating results for the half year ended 31 December 2017. CoAssets operates a licensed, Singapore based crowdfunding platform as well as an online funding platform in China as part of a… Read More

February 22, 2018 @ 9:52 am By JD Alois  |  

Singapore based Fintech Hub LATTICE80 has enlisted Sang Min Kim to the company’s Board of Advisors. Kim was previously a Senator in South Korea and interestingly a committee member of the National Policy Committee overseeing regulatory bodies. Kim was the youngest senator in the ruling party,… Read More

February 21, 2018 @ 3:31 pm By Samantha Hurst  |  

On Tuesday, Japanese cryptocurrency exchange Zaif announced it experienced a glitch last Friday that caused the exchange to price coins at $0, meaning users were able to buy digital currencies for free. The platform, which is powered Tech Bureau Corp, and registered by the Japanese government,… Read More

February 21, 2018 @ 8:21 am By JD Alois  |  

InstaReM, a southeast Asia’s digital cross-border money transfer service provider, has inked a strategic partnership with enterprise Blockchain payment solutions provider, Ripple. According to InstaReM, this partnership will facilitate quick and secure payouts for RippleNet members across Southeast Asia.  InstaReM is a Singapore-headquartered cross-border payments… Read More

February 20, 2018 @ 1:14 pm By Samantha Hurst  |  

Texcent Asia, a Singapore-based payments company, announced on Tuesday it has received remittance license from Monetary Authority Singapore (MAS). The company powers financial platform Paycent, which is described as a company that’s dedicated to delivering fully integrated mobile applications and aims to be the global leader in… Read More

February 16, 2018 @ 4:00 pm By Samantha Hurst  |  

On Friday, Asian blockchain firms Longenesis and Neuromation announced they have formed a partnership to create a blockchain-based global data marketplace where individuals will take control of their personal data and healthcare companies may invest in AI analysis they previously could not afford. Neuromation reported… Read More

February 16, 2018 @ 9:13 am By JD Alois  |  

Prospa, a Sydney based online lender servicing the SME market, has received a nice recognition as it took the top spot for a high growth firm in Asia Pacific. According to a recent ranking of the top 1000 firms in Asia-Pacific by the FT, Prospa… Read More

February 16, 2018 @ 8:49 am By JD Alois  |  

The Hero Token ICO, launched on February 1st, reports it raised more than $30 million within the first 12 hours. Hero Token says it reached it’s soft-cap back in November during a 24h pre-sale for early investors. The public ICO is ongoing and as of this… Read More

February 16, 2018 @ 1:00 am By JD Alois  |  

  SelfKey, a blockchain-based digital identity system, has announced plans to integrate KyberNetwork crypto currency exchange service  to provide ETH-based tokens exchange within the SelfKey Wallet. SelfKey states that both companies are completely committed to the integration that will lead the SelfKey Identity Wallet users to… Read More