Kenny Chan, GM at StraitsX, recently shared key insights with Crowdfund Insider. StraitsX is a payments infrastructure for the digital assets space in Southeast Asia. The company is also a Major Payment Institution licensed by the Monetary Authority of Singapore and is part of… Read More
Ant International, Grab, and StraitsX have announced a collaborative effort to explore the potential application of Purpose Bound Money (PBM) in cross-border payments. PBM is a protocol that specifies the conditions upon which an underlying digital currency can be used and first introduced by MAS… Read More
Payments Fintech Wirex has added another stablecoin to its platform. According to Wirex, XSDG, a Singapore dollar backed stablecoin is now available alongside other popular stablecoins. Currently, Wirex offers six stablecoins; STASIS EURO (EURS), True (TUSD), USD Coin, (USDC), Tether (USDT), USDP, and now XSGD…. Read More
Zilliqa, a “high-performance” and “high-security” blockchain or distributed ledger tech (DLT)-based platform, recently revealed that it has chosen Singapore’s digital currency custody service, Onchain Custodian, to secure its network’s assets. As mentioned in a release shared with CI: “In working with the firm, the Zilliqa… Read More
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