The country is a key institutional market for the exchange according to the CEO of Coinbase Singapore, who explained it’s also working with local industry groups to improve regulations. The Singapore-based arm of the United States cryptocurrency exchange Coinbase has received “in-principle approval” to provide crypto services in Singapore from its central bank, the Monetary…
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The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led by the Bank for International Settlements, aims to establish whether they can simplify transactions and make them cheaper. Reserve Bank of Australia Teams Up With…
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Fireblocks, a leading company securing digital asset transfers is expanding, with two offices opening in the Asia Pacific region, as monthly volumes rise to over $7 billion. Digital asset security specialist Fireblocks announced April 30 that its platform has been used to secure $30 billion of digital assets to date, with current monthly volumes in…
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