Tagged: singapore

October 5, 2018 @ 7:04 am By JD Alois  |  

One of the biggest challenges for public blockchain is scalability. For widespread adoption to take place, blockchain tech must be able to handle the demands of enterprise activity today and for the future. Simultaneously, these blockchains must be efficient – not using up more value… Read More

September 21, 2018 @ 10:27 am By JD Alois  |  

CoAssets Limited (ASX: CA8), a Singapore based Fintech that focuses on providing funding solutions for small to medium‐sized enterprises (SMEs), has announced that their CoAssets Stirling Fort Absolute Return Fund Pte. Ltd (CASFAR) has entered into an agreement with BMFA Group to invest USD $35… Read More

September 20, 2018 @ 1:07 pm By JD Alois  |  

According to a release from the Monetary Authority of Singapore, China and Singapore have “achieved new milestones in financial cooperation.” During the 14th Joint Council for Bilateral Cooperation (JCBC), co-chaired by Singapore Deputy Prime Minister and Coordinating Minister for National Security, Mr Teo Chee Hean,… Read More

September 20, 2018 @ 7:06 am By Samantha Hurst  |  

Plug and Play announced earlier this week the first batch of startups selected for its multi-corporate Fintech and Insurtech program in Singapore. The accelerator reported it screened over more than applicants for the program. While sharing more details, Kayvon Deldar, Program Head of Plug and Play… Read More

September 19, 2018 @ 10:00 am By JD Alois  |  

CoinBene, a cryptocurrency asset exchange, has formed a partnership with the McAfee Alliance, founded by John McAfee, to “promote transparency, corporate responsibility, and self-regulation in the cryptocurrency markets.” The McAfee Alliance seeks to “unite the cryptoverse, promote transparency and fairness, to  combat perceived corruption of… Read More

September 19, 2018 @ 9:06 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has issued a public warning on bogus websites that are soliciting investments in Bitcoin. At least two of these sites is using “fabricated comments” attributed to MAS Chairman and Deputy Prime Minister, Tharman Shanmugaratnam. MAS says the statements attributed to… Read More

September 19, 2018 @ 8:07 am By JD Alois  |  

Singapore based Tokenomy has announced the full launch of Tokenomy Exchange, a cryptocurrency token exchange that is described as addressing the “:challenges associated with launching an ICO.” Tokenomy Exchange now provides a trading platform for four digital currencies; BTC, ETH, USDT and its own TEN Token,… Read More

September 15, 2018 @ 4:02 pm By JD Alois  |  

Singapore based HyperChain Capital, a digital assets management platform, has launched HyperBlocks Pro, described as a “professional proof of stake service.” The PoS service is said to be the first in the world backed by a major blockchain firm. HyperChain believes that more blockchain companies… Read More

September 14, 2018 @ 9:39 am By JD Alois  |  

Republic Protocol and Wyre have formed a partnership where the Wyre payment platform will be integrated into Republic Protocol’s digital asset marketplace. The agreement is being described as bridging traditional finance to crypto trading in Republic’s dark pool service. Additionally, Wyre will be supporting Republic Protocol by… Read More

September 13, 2018 @ 3:17 pm By JD Alois  |  

Crypto wallet CoolBitX has announced a new partnership with the Litecoin Foundation. At the same time, CoolBitX is kicking off its global launch of its CoolWallet S hardware in the US. CoolBitX envisions a future where retail consumers use their crypto wallet hardware and the… Read More

September 13, 2018 @ 9:01 am By JD Alois  |  

The US Commodity Futures Trading Commission (CFTC) and the Monetary Authority of Singapore (MAS) has signed an agreement to collaborate on Fintech innovation. MAS has signed many of these types of agreements over the past several years. The CFTC is unique in the US as… Read More

September 12, 2018 @ 3:36 pm By JD Alois  |  

The United Kingdom and Singapore held their 4th joint meeting of financial services regulators and policymakers. The meeting took place in London yesterday where officials discussed regulatory initiatives and standards of conduct in the financial sector. Both the UK and Singapore have pursued Fintech innovation… Read More

September 8, 2018 @ 12:29 pm By JD Alois  |  

TransferTo, a cross-border mobile payments network that topped $800 million in the first six months of this year, has invested in blockchain firm OXIO. According to a release, OXIO operates a mobile internet exchange and uses blockchain technologies to power fast and affordable mobile internet access… Read More

August 29, 2018 @ 10:05 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the Dubai Financial Services Authority (DFSA) have strengthened their pre-existing Fintech relationship with a new agreement. According to MAS, this most recent collaboration will see mutual referrals of promising Fintech firms between the two jurisdictions.  The agreement is… Read More

August 27, 2018 @ 8:35 am By JD Alois  |  

CoAssets Limited, a crowdfunding platform traded on the Australian Stock Exchange (ASX: CA8), has reported its financial results for the full year ended 30 June 2018. According to the company which is based in Singapore, CoAssets experienced its first full year of profitable operations representing… Read More

August 26, 2018 @ 2:02 pm By Cali Haan  |  

Two-thirds of all trade volume in crypto- or $6 billion dollars per day- is faked, say researchers at the Blockchain Transparency Institute (BIT), and many of the world’s “top” crypto exchanges aren’t even coming close. The researchers made their conclusions after comparing the order books… Read More

August 24, 2018 @ 10:03 am By JD Alois  |  

In a significant move by the Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX), the government entities announced its intent to offer digital assets including tokenized securities and virtual currencies. MAS and SGX will develop “Delivery versus Payment (DvP) capabilities” by using different blockchain… Read More

August 23, 2018 @ 9:33 am By JD Alois  |  

Singapore based Aly Pte. Ltd., a Fintech that has launched an international stock tracking app Spiking, says that Seed and Pre A round founding now totals S$2.23 million after receiving an additional S$1.2 million. Spiking is moving beyond more traditional assets by adding digital assets covered in… Read More

August 22, 2018 @ 7:14 am By JD Alois  |  

Huobi Group has launched a new services that is said to provide a more transparent listing process to issuers. The Huobi Automated Listing Platform is not 100% automated as their are checks in place but the feature is designed to streamline the digital asset listing… Read More

August 21, 2018 @ 4:19 pm By Samantha Hurst  |  

Thomas Reuters announced on Monday it is joining forces with the Singapore FinTech Association (SFA) to figure against financial crimes. Thomas Reuters revealed it will be collaborating with the SFA on various projects and initiatives contributing to the development of the fintech industry in Singapore. The partnership will also… Read More