HSBC will explore the use of distributed ledger technologies for bond issuance in a joint trial with the Singapore Exchange and Temasek. Global banking giant HSBC will explore the use of blockchain for the issuance of fixed income securities in a joint trial with Singapore Exchange (SGX) and investment firm Temasek. Focused on the Asia…
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HTC’s Binance Edition Exodus 1 will support the Binance Chain blockchain and Binance’s decentralized counterpart Binance DEX. Taiwan-based smartphone maker HTC will launch a limited edition of the Exodus 1 featuring services by major global crypto exchange Binance. The Binance Edition Exodus 1 supports the Binance public blockchain, Binance Chain, as well as its decentralized…
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Singapore’s central bank and state investment firm have created a prototype multi-currency blockchain-based payments network together with JPMorgan. Singapore’s central bank and state investment firm have created a prototype multi-currency blockchain-based payments network together with JPMorgan. A Nov. 11 report from The Business Times indicates that the prototype is designed to enable payments denominated in…
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A U.S.-based lawyer linked with the OneCoin scam allegedly helped Ruja Ignatova, the principal accused in the OneCoin scam, launder over $400 million. With each passing day, the financial nitty-gritty associated with the cryptocurrency-related OneCoin Ponzi scheme continues to become of increasing interest to members of the global crypto community. The U.S. government’s previous estimate…
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Sygnum is set to expand into its second jurisdiction after gaining approval to offer cryptocurrency banking services in Singapore. Swiss-based cryptocurrency bank Sygnum has received the go-ahead to offer banking services in Singapore. Sygnum: license is “important milestone” In a blog post on Oct. 31, Sygnum, which gained a Swiss banking license in August this…
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Carbon exchange AirCarbon launched a global tokenized carbon credits trading platform for airlines and the aviation industry in Singapore. Carbon exchange AirCarbon launched a global tokenized carbon credits trading platform in Singapore. Business news outlet Business Times reported on Oct. 30 that the platform will allow firms such as airlines to buy and sell tokens…
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Huobi has launched a fiat onramp for the Turkish Lira that will allow users in the country to trade cryptocurrencies on Huobi Global. Singapore-based crypto exchange Huobi will launch a fiat gateway for the Turkish lira in late 2019. Huobi’s fiat onramp for lira will be the first fiat gateway launched by a global exchange,…
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The Singapore Shipping Association, the International Chamber of Commerce and blockchain firm Perlin are jointly working on an e-registry for ships. The Singapore Shipping Association (SSA), the International Chamber of Commerce (ICC) and blockchain firm Perlin are jointly working on an e-registry for the ship registration and renewal process. Running on self-executing smart contracts The…
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United Kingdom-based digital banking app Revolut announces a major partnership with Visa to expand its services globally across 24 new markets, including North America. United Kingdom-based digital banking app Revolut announced a major partnership with Visa to expand its services globally across 24 new markets, including North America. According to a Sept. 30 press release,…
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Philippine boxing champion Manny Pacquiao has launched his own cryptocurrency, which will reportedly be listed on Singapore’s Global Crypto Offering Exchange. Philippine boxing champion and celebrity Manny Pacquiao has launched his own cryptocurrency. On Sept. 1, the South China Morning Post reported that the Filipino boxer turned politician and singer launched his own token with…
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