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Singapore state investor Temasek joins Libra, Facebook’s digital currency project

Singapore state investor Temasek joins Libra, Facebook’s digital currency project

The global Facebook-backed digital currency project Libra has a new supporter: Singapore state investor Temasek Holdings.

CNBC May 15, 2020
Crypto Startup School: A new type of computer drives waves of innovation

Crypto Startup School: A new type of computer drives waves of innovation

Crypto Startup School brought together 45 participants from around the U.S. and overseas in a seven-week course to learn how to build crypto companies. Andreessen Horowitz is partnering with TechCrunch to release the online version of the course over the next few weeks.

Tech Crunch May 13, 2020
FalconX raises $17M to power its crypto trading service

FalconX raises $17M to power its crypto trading service

Over the last few weeks, all eyes in the crypto world have been glued to the halving, a nigh-religious moment in the blockchain realm. Every once in a while, the amount of new bitcoin mined — distributed to miners, the folks with fleets of computers powering bitcoin’s database, or blockchain — is cut in half. Why does that matter?

Tech Crunch May 13, 2020
Bitcoin 'halving' prompts initial fall against dollar

Bitcoin 'halving' prompts initial fall against dollar

Halving is written into Bitcoin’s code and takes place roughly every four years, or with every 210,000 blocks underwritten on the encrypted blockchain ledger.

International Investment May 12, 2020
Telegram abandons its TON blockchain platform

Telegram abandons its TON blockchain platform

Messaging service Telegram said on Tuesday it is abandoning its blockchain platform Telegram Open Network (TON) after a lengthy battle with the U.S. Securities and Exchange Commission (SEC).

Tech Crunch May 12, 2020
Malta's regulator publishes list of unlicensed digital currency firms

Malta's regulator publishes list of unlicensed digital currency firms

The Malta Financial Services Agency (MFSA) has published a list detailing 57 fintech and cryptocurrency companies that have failed to secure a licence by virtue of not completing the regulatory process.

International Investment May 1, 2020
India lifts ban on cryptocurrencies trading

India lifts ban on cryptocurrencies trading

The Supreme Court delivered its decision this Wednesday after hearing the petition challenging the RBI’s decision to ban the Cryptocurrency trade in India.

International Investment March 5, 2020
Eastern Caribbean should consider digital currency: IMF

Eastern Caribbean should consider digital currency: IMF

The International Monetary Fund (IMF) has said the Eastern Caribbean should consider a common digital currency across the region to boost resources.

International Investment February 26, 2020
South Korea proposes gradual tax imposition on cryptocurrency trading

South Korea proposes gradual tax imposition on cryptocurrency trading

The South Korean government is proposing a trading tax on cryptocurrencies, as part of its tax reform plan for 2020 due to be announced later this year.

International Investment February 24, 2020
Dubai launching crypto valley in tax-free zone
International Investment February 19, 2020
Bitcoin Prices Rise To Highest Since October

Bitcoin Prices Rise To Highest Since October

Bitcoin prices rallied today, reaching a fresh 2020 high as the digital currency benefited from multiple tailwinds. The cryptocurrency climbed to $9,745.17 at roughly 1:30 p.m. EST, according to CoinDesk price data.

Forbes February 5, 2020
Broctagon partners with Hashstacs on Singapore blockchain project

Broctagon partners with Hashstacs on Singapore blockchain project

Singapore-based Broctagon Fintech Group has announced a partnership with enterprise blockchain technology provider, Hashstacs, to help bring blockchain in Singapore to more commercial usage.

International Investment February 4, 2020
Singapore introduces new AML rules for crypto

Singapore introduces new AML rules for crypto

All crypto businesses in Singapore are now required to first register and then apply for a license to operate in the jurisdiction under the Payment Services Act 2019 framework.

International Investment January 30, 2020
Will 2020 Be The Year Cryptocurrency And Blockchain Becomes Operational?

Will 2020 Be The Year Cryptocurrency And Blockchain Becomes Operational?

The buzzword of blockchain and cryptocurrency was humming as giants tech giants like Microsoft, IBM, AWS, Oracle and many, many more started testing the waters.

Forbes January 29, 2020
Coinbase wants to make it easier for global institutional clients to store their crypto

Coinbase wants to make it easier for global institutional clients to store their crypto

Mostly known for its retail investment platform, Coinbase has been making an institutional push over the years, selling professional trading and custody services to institutional investors with deeper pockets. Financial custodians are responsible for holding securities on behalf of their clients.

CNBC January 29, 2020
First crypto captive sets up in Bermuda

First crypto captive sets up in Bermuda

Gemini Trust Company, a cryptocurrency exchange and custodian, has launched a captive insurance company licensed by the Bermuda Monetary Authority [BMA] to insure Gemini Custody.

International Investment January 28, 2020

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