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‘Atomic Settlement’ — New York Fed Completes First Phase of Digital Dollar Experiment Called ‘Project Cedar’
4.11.2022
The Federal Reserve Bank of New York has published findings stemming from an experiment dubbed “Project Cedar,” a protocol that uses a wholesale digital dollar in order to improve financial transactions. Michelle Neal, head of the bank’s Markets Group remarked on Friday that...
Crypto News Summary: NEAR Wallet Users Jump from 2M to 20M, IRS Preparing 'Hundreds' of Crypto Cases, Top 10 Whitehats Made $42M
4.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: NEAR Wallet Users Jump from 2M to 20M, IRS Preparing 'Hundreds' of Crypto Cases, Top 10 Whitehats Made...
Singapore Approves In-Principle License for Crypto Fund Manager Hashkey
4.11.2022
The license from the Monetary Authority of Singapore will allow Hashkey Capital's local arm to conduct fund management services
JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain
4.11.2022
JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials under the supervision of the Monetary Authority of Singapore (MAS). Singapore’s central bank...
Union Bank of Philippines Launches Crypto Trading Services – Which Coins Are Included?
3.11.2022
Digital asset management technology METACO announced that the Union Bank of the Philippines is now live on its flagship platform Harmonize, to launch a pilot program for crypto custody and trading services for select retail customers.
The pilot will include bitcoin (BTC) and ethereum...
Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says
3.11.2022
The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine. The reminder comes after researchers established that pro-Russia activists have raised millions of dollars in digital...
Singapore's MAS Starts Wholesale CBDC Project With French and Swiss Central Banks
3.11.2022
The project comes a day after the central bank announced new projects aimed at trade finance and wealth management
JP Morgan executes first DeFi trade on public blockchain
3.11.2022
The MAS Chief Fintech Officer said the successful test was “a big step towards enabling more efficient and integrated global financial networks.”
Crypto News Summary: DBS Adopts DeFi Protocols for FX & Government Securities Transactions, Union Bank of Philippines to Launch BTC & ETH Custody & Trading
2.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Crypto News Summary: DBS Adopts DeFi Protocols for FX & Government Securities Transactions, Union Bank of Philippines...
France, Switzerland, Singapore to Test DeFi in Forex Markets
2.11.2022
The countries' central banks started Project Mariana because they reason decentralization could be the future of finance
Stablecoin issuers Circle and Paxos gain approvals in Singapore
2.11.2022
The approvals came after the Monetary Authority of Singapore issued two consultation papers that proposed to ease regulatory hurdles for digital asset service providers
Singapore Carries Out First Trades in DeFi Pilot for Wholesale Funding Market
2.11.2022
The banks involved in the pilot were DBS, JPMorgan, and SBI Digital Asset
Singapore bank DBS uses DeFi to trade FX and state securities
2.11.2022
Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore
Singapore’s DBS Explains How Big Banks Can Implement DeFi, Too
2.11.2022
Singapore has quietly been playing host to some of the most advanced explorations into cryptocurrency and decentralized finance (DeFi) ever done by big banks, institutions and regulators
Singapore Grants Stablecoin Issuer Circle In-Principle License to Offer Payment Products
2.11.2022
Circle received an in-principle license as a major payments institution in Singapore, allowing it to offer cross-border and domestic payment services
Stablecoin Issuer Paxos Receives Operating License From Singapore Regulator
2.11.2022
Paxos, issuer of the USDP stablecoin, can offer crypto products and services in Singapore after securing the license under the nation's Payment Services Act
Crypto News Summary: Visa Masters of Movement FIFA NFT Auction, El Salvador Development Bank Won't Provide BTC Purchase Info, Coinbase Supports Ripple Against SEC
1.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Crypto News Summary: Visa Masters of Movement FIFA NFT Auction, El Salvador Development Bank Won't Provide BTC Purchase...
Gulf Xellence announces the much-awaited annual “Global Tech Innovation Summit & Awards” on March 8th & 9th, 2023 in Singapore
1.11.2022
Summit Overview: Where Technology Transforms Lives! Following the success of the first edition Global Tech Innovation Summit in UAE, where tech pioneers, crypto projects, VC’s, Business entrepreneurs, and individual investors gathered to discuss Blockchain, Crypto, Cyber Security, DeFi...
CBDC: Indian Central Bank Begins Digital Rupee Pilot
1.11.2022
The Reserve Bank of India (RBI), the country’s central bank, has started a pilot program of its digital currency today, in cooperation with nine banks. It also released a Concept Note on Central Bank Digital Currency (CBDC) for India.
Bloomberg reported that “several lots of bonds were traded,”...
Crypto.com to offer self-issued Visa Card in Singapore
1.11.2022
Crypto.com has officially become an Associate Programme member in Singapore with plans to soon self-issue Visa cards to its users in Singapore. However, this further deepens the global partnership of Crypto.com and Visa, with the best reach to customers across the globe. Visa Cards issued...