Category: Singapore
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Binance enables BNB Mainnet deposits, launches Binance DEX and Singapore fiat bridge
Binance has announced that users can now make Binance Coin (BNB) deposits and withdrawals on Binance Chain. Binance CEO Changpeng Zhao tweeted earlier today about burning 5 million Ethereum-based BNB tokens to commence the era of Binance Chain based BNB tokens. Just burned 5mm ERC20 BNB, commencing swap to the real #BNB. — CZ Binance…
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Digital assets—why offshore?
The rapid growth of cryptocurrencies and other digital assets in recent years, combined with seemingly unlimited potential applications for blockchain and distributed ledger technologies across a range of industries, has led to an unprecedented period of innovation and the emergence of some of the most disruptive technologies in decades. One of the most disruptive aspects…
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Ocean protocol announces initial exchange offering (IEO) with Bittrex, but some traders are not happy
Ocean Protocol, a Singapore-based blockchain-powered data sharing platform, announced an initial exchange offering (IEO) with Bittrex. The exchange said the offering will begin on Apr. 30, with only verified Bittrex International users able to participate. However, on Twitter, the news was mostly met with skepticism. Bittrex Gets Another IEO in Line, This Time With Ocean…
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How 5 Asian Countries Regulate Cryptocurrency
The Financial Stability Board has detailed how its member countries regulate crypto assets, who the regulators are, and the scope of their oversight. Most countries have more than one government body monitoring and regulating different aspects of crypto activities. Among the board’s Asian member countries, India is the only one with no legal mandate to…
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Central banks looking to cryptocurrency to replace cash
A central bank digital currency (CBDC) would see central banks distribute digital money which could be redeemed for their respective domestic fiat currencies. In the case of an American CBDC, this would be the US dollar or in Russia, this would be a “Cryptoruble.” These digital currencies would be maintained on any number of blockchain…
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PR: Singapore Hosts Blockchain Life 2019
This is a press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Blockchain Life 2019 – the 3d edition of the international forum – brings together more than 3000 participants from…
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Payglobal Provides Cryptocurrency to Fiat Transfers With Existing Bank Cards
While there’s been a lot of news of cryptocurrency debit cards closing shop over the last two years, a company called Payglobal offers cryptocurrency to fiat transfers onto a user’s existing bank card. The U.K. based e-wallet service licensed by the Financial Conduct Authority (FCA) aims to provide a variety of end-to-end solutions for people…
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5 Crypto-Friendly Countries to Base Your Business
Choosing the best country to set up a business is vital in this digital age, and especially so for crypto companies. As governments around the world continue to learn more about cryptocurrencies and elect to either crack down on them or allow them to flourish, some jurisdictions emerge as being better than others for launching…
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Singaporean and Eastern European P2P Markets Post Record BTC Volume
Several markets have seen spikes in peer-to-peer (P2P) volume, with the Kazakh and Singaporean Localbitcoins markets posting their second strongest weeks on record. Polish P2P trade also increased this past week, with volume reaching a 14-month high. Also Read: Leaked Documents Suggest Mt. Gox Trustee’s Bitcoin Sales Impacted Market Prices Singaporean P2P Trade Sees Spike The…
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Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal
Central bank warnings about crypto assets may give the impression that cryptocurrency is illegal, especially since these entities often cite reasons as to why they’re uncomfortable with virtual currencies encroaching on their turf. But their assertions are often inaccurate, particularly when it comes to determining the legality of cryptocurrency. Also read: Jamaica Stock Exchange Plans to…