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Tag: Blockchain/Bitcoin

MAS Will Not Be Regulating Activities Related to NFTs for Now

The Monetary Authority of Singapore (MAS) said that it has no plans to regulate activities in relation to non-fungible tokens (NFTs) according to a parliamentary reply. According to Tharman Shanmugaratnam,

The post MAS Will Not Be Regulating Activities Related to NFTs for Now appeared first on Fintech Singapore.

DBS Digital Exchange Surpasses SGD 1 Billion in Trading Value in the First Year

The DBS Digital Exchange (DDEx) announced that it has recorded over SGD 1.1 billion in trading value in the first full year of operations. The digital assets exchange said that

The post DBS Digital Exchange Surpasses SGD 1 Billion in Trading Value in the First Year appeared first on Fintech Singapore.

Binance Invests US$200 Million in Forbes Ahead of SPAC Merger

Blockchain ecosystem and cryptocurrency infrastructure provider Binance has invested US$200 million into global media company Forbes and Magnum Opus Acquisition, a publicly traded special purpose acquisition company. Forbes and Magnum

The post Binance Invests US$200 Million in Forbes Ahead of SPAC Merger appeared first on Fintech Singapore.

Thailand’s Financial Regulator Lays out Plans for Payments Using Digital Assets

Thailand’s central bank and financial regulator have shared their views and positions on regulating the new, digital-powered financial landscape, outlining plans to issue virtual banking guidelines, rules on the use

The post Thailand’s Financial Regulator Lays out Plans for Payments Using Digital Assets appeared first on Fintech Singapore.

Binance Inks Deal With South Korean Entertainment Giant for Eco-Friendly NFTs

Blockchain ecosystem and cryptocurrency infrastructure provider Binance has announced the signing of a Memorandum of Understanding to build a strategic partnership with YG Entertainment, a South Korean multinational entertainment corporation.

The post Binance Inks Deal With South Korean Entertainment Giant for Eco-Friendly NFTs appeared first on Fintech Singapore.

Indonesia’s OJK Bans Financial Institutions From Facilitating Crypto Trading

The Financial Services Authority of Indonesia (OJK) has strictly prohibited financial institutions from marketing or facilitating the trading of crypto assets. The regulator warned that the value of crypto assets

The post Indonesia’s OJK Bans Financial Institutions From Facilitating Crypto Trading appeared first on Fintech Singapore.

Mastercard Users Can Soon Buy NFTs From Coinbase’s Marketplace

Mastercard announced a partnership with cryptocurrency exchange Coinbase to let people use their Mastercard cards to make purchases on the latter’s upcoming non-fungible token (NFT) marketplace. This partnership comes on

The post Mastercard Users Can Soon Buy NFTs From Coinbase’s Marketplace appeared first on Fintech Singapore.

MAS Bans Crypto Trading Platforms From Advertising in Public Areas

The Monetary Authority of Singapore (MAS) has issued guidelines which highlighted that Digital Payment Token (DPT) service providers should not promote their services to the general public in Singapore. The

The post MAS Bans Crypto Trading Platforms From Advertising in Public Areas appeared first on Fintech Singapore.

F10 and Klaytn Foundation to Incubate Singapore’s Early-Stage Blockchain Startups

Fintech startup accelerator F10 will partner with Klaytn Foundation to launch an incubation programme in Singapore. The programme aims to support early-stage startups built on Klaytn, a blockchain platform developed

The post F10 and Klaytn Foundation to Incubate Singapore’s Early-Stage Blockchain Startups appeared first on Fintech Singapore.

How Wax Is Setting the Blockchain Gaming Pace

Blockchain technology is not just disruptive but a foundational technology. Without any shadow of a doubt, it will rebuild any industry that it is integrated into from the ground up.

The post How Wax Is Setting the Blockchain Gaming Pace appeared first on Fintech Singapore.

5 Metaverse Startups from Asia to Watch in 2022

The metaverse, a concept referring to a shared, immersive virtual environment, has become one of the hottest business trends: tech giants including Facebook, Google and Microsoft have all jumped on

The post 5 Metaverse Startups from Asia to Watch in 2022 appeared first on Fintech Singapore.

Illicit Crypto Transaction Activity Reaches All-Time High Driven by DeFi Frenzy

Last year, the red hot decentralized finance (DeFi) sector was a prime target for cyber criminals whom managed to siphon billions of dollars worth of cryptocurrencies from investors, new data

The post Illicit Crypto Transaction Activity Reaches All-Time High Driven by DeFi Frenzy appeared first on Fintech Singapore.

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