Singapore Financial News
08.11 / 20:37
business
defi
Aave
Banks
ING
dutch
Dutch multinational ING considers entering DeFi lending industry
In a presentation made during the Singapore Fintech Festival, Annerie Vreugdenhil, chief innovation officer of ING, announced the firm is working on a trial of its decentralized finance, or DeFi, peer-to-peer lending protocol with the Netherlands Authority for the Financial Markets. Vreugdenhil said the following in regards to the development, as reported by Ledger Insights:
08.11 / 17:37
Digital
PayPal
Mobile
Singapore Fintech Festival 2021: ‘We haven’t even fuelled the DeFi rocket’
Defining DeFi as a system where you have full control through private keys, Nazarov states that users have full transparency through the protocol they give the asset to and are also getting anywhere from two to 8% returns. “You’re getting more transparency, more control and better returns. This is the simplest -in my experience -, most straightforward way to explain DeFi.”
05.11 / 17:02
Stablecoin
defi
Crypto Exchange
Support
TrueUSD Launches Fountain Incentive Plan Of USD 1 Billion to Support the Development of DeFi Ecosystems
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
05.11 / 15:43
Aviat
Cash-strapped China Evergrande is offloading its private jets to US investors
SINGAPORE — China Evergrande Group raised more than $50m last month by selling two of its private jets, according to people familiar with the matter, bringing in much needed cash to help avert a default on its US dollar debt.
05.11 / 07:01
03.11 / 21:35
cryptocurrency
defi
Crypto Exchange
AscendEX Announces a USD 50mm Series B Raise Led by Polychain Capital and Hack VC
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
02.11 / 21:19
Blockchain
Assurant
Bitcoin
Singapore ready to ‘lead,’ when a crypto economy ‘takes off’
Ravi Menon, Managing Director of Monetary Authority of Singapore, revealed in an interview with Bloomberg that the nation-state wants to lead the crypto race.
02.11 / 18:37
cryptocurrency
NFT
NFTS
NFT Labs Raises Over USD 2m In Private Funding For ITSMYNE, IDO On CardStarter Soon
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
02.11 / 16:11
Adoption
Bitcoin
Singapore to position itself as global crypto center, says regulator
The regulation of cryptocurrencies varies considerably across the globe: China has cracked down on significant amounts of crypto activity in recent months, while Japan only recently allowed specialized cryptocurrency investment funds. El Salvador, on the other hand, has accepted Bitcoin (BTC) as a legal currency.
02.11 / 16:11
Blockchain
Google
Asia
Asia-Pacific leads the world in NFT searches on Google
Amid the ongoing nonfungible tokens (NFT) boom, people in Asia-Pacific (APAC) countries appear to be the most curious about NFTs, according to Google Trends data.
02.11 / 16:11
cryptocurrency
regulation
Bitcoin
Future
Singapore to Invest in the Future with 'Strong Regulation' of Crypto
In a sign of increasing competition among crypto-friendly jurisdictions, Singapore aims to lure crypto businesses from across the world and is determined to develop “strong regulation” to ensure regulatory clarity and enforce compliance, according to Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS).
01.11 / 07:41
28.10 / 19:59
Ethereum
Adoption
Bitcoin
Bitcoin's 'Shocktober,' New Crypto ATHs, Stablecoins in Singapore + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____
27.10 / 21:51
Waters
Chinese Workers Say They Are Lured Abroad and Exploited for Belt and Road Jobs
SINGAPORE—Chinese laborer Zhang Qiang set off for Indonesia in March to work for a Chinese steelmaker. Six months later, he was wading through the waters off Malaysia’s shores with four other men, fleeing what he called a scam.
27.10 / 16:13
business
Blockchain
Technology
DBS Bank joins Hedera blockchain’s governing council
The Hedera Governing Council has welcomed Singapore’s oldest bank, DBS Bank, as its newest member, making it the first Southeast Asian lender to join the worldwide Hyperledger organization.
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