Archive | Singapore

Kucoin Expands Into Australia After $3M Bitcoin Australia Deal

Kucoin is expanding into Australia after it agreed to invest $3 million in Bitcoin Australia. The deal is seen as a win-win for both cryptocurrency exchanges, each seeking to expand into its own direction – Kucoin establishing a niche in the rapidly growing Australian market. Bitcoin Australia is targeting the UK next.   Also read: As […]

Crypto.com to Offer Crypto-to-Fiat Visa Debit Cards in Singapore and Hong Kong

Crypto.com, formerly known as Monaco, has applied to issue cryptocurrency Visa debit cards in Hong Kong, the blockchain startup said yesterday. Crypto.com to Ship Over 100,000 Cryptocurrency Visa Debit Cards to Customers Globally The Hong Kong-based firm is scheduled to ship more than 100,000 cards to customers worldwide over the next two months, reports the South… […]

Nasdaq Links With Singapore Stock Market in DvP Project

The Monetary Authority of Singapore (MAS) and the Singapore Stock Exchange (SGX) have announced a collaboration with Nasdaq as a key partner. MAS, which functions as Singapore’s central bank has partnered with Nasdaq, Deloitte, and Anquan to develop the technology to impart “Delivery versus Payment” (DvP) capabilities for tokenized asset settlement. According to MAS this will […]

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund

Three Japanese public companies have individually made announcements regarding their cryptocurrency operations. Forside has grown its mining operation with a plan to sell 7nm bitcoin mining rigs. Farsteps is planning a Singapore exchange launch. Meanwhile, Line Corp, the operator of Japan’s most popular chat app, has added crypto price quotes to its Clova AI assistant […]

Unresolved Crypto Legal Cases Mount in China Due to Unclear Regulations

Courts in China are struggling to clear cases relating to cryptocurrency due to a lack of clear regulation despite the current ban. Reportedly, many of the cases which relate to crypto, which now stand at 270 at the last count, have arisen due to Bitcoin’s falling price. Coupled with contrasting interpretations of the law at […]

Malta Makes Huge ICO Funding Gains as Crypto Investment Funds Rise in 2018

New crypto funds are continuing to open despite a falling market and apprehension over ETF decisions, according to the latest analysis from Crypto Fund Research. With things seeming to go well for crypto funds, collectively amassing $7.1 billion, they still lag behind traditional hedge funds, with most of the institutional investment managers playing a wait […]

Singapore VC Firm to Launch $10 Million Crypto Fund, Follows Blockchain Investment Trend

Singapore-based Venture Capital firm Golden Gate Ventures is to launch a $10 million fund targetting crypto and blockchain start-ups that use innovative DLT, in what appears to be a growing investment trend. Golden Gate Ventures will call the fund LuneX Ventures and will be funded primarily by high net worth individuals. The main focus of […]

‘Treasure Ship’ ICO Dupes Investors – South Korea Asks Interpol for Help

South Korean police have asked Interpol for help with an investigation into the fraudulent token sale of Shinil Gold Coins that were claimed to be backed by the “treasure” on the sunken Dmitrii Donskoi. Local media reported that the sale raised an estimated $53.5 million from about 124,000 investors. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]