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First Swiss Crypto Bank Given Greenlight to Operate In Singapore By Its Authorities

Sygnum – a digital coins bank headquartered in Switzerland – has reportedly been granted authorization to operate its banking services in Singapore. Specifically, Sygnum – which has...

| Nov 02, 2019 11:35

HSBC Announced first Successful Enactment of Letter of Credit on A Malay-based Blockchain

The high-profile bank HSBC has publicly announced its first successful enactment of a letter of credit (LC) on a Malay-based blockchain. Reported by Fintech News Malaysia on October 14, the...

| Oct 18, 2019 14:34

New Law to Exempt Crypto from Current Singapore Tax System Could Boost Crypto Businesses, PwC Expert Claimed

The intention of the Singapore authorities to provide exemption for some crypto coins from the Goods and Services Tax (GST) could help boost the growth of crypto-related establishments, according to a...

| Aug 01, 2019 03:54

New Guidance Will Provide Tax Exemption for Crypto Payment in Singapore

The Inland Revenue Authority of Singapore (IRAS) has recently introduced new regulatory guidance, in regards to the Goods and Services Tax (GST), concerning crypto payments. Per the new guide,...

| Jul 09, 2019 02:11

Indonesia to Reshape Logistic Sector With New Multi-Million Blockchain Project

Singaporean blockchain company PLMP Fintech has joined a multi-million blockchain project in partnership with the Ministry of Trade of Indonesia. As announced in a press release, the participation...

| Jun 01, 2019 04:15

UAE Ranked 1st Amongst World’s Biggest Contributors to Token Sales

This year, the United Arab Emirates (UAE) has been ranked No.1 amongst countries that raised funds to token sales in the list of crypto data firm CoinSchedule. CoinSchedule has listed the Gulf nation,...

| May 03, 2019 04:45

Block Live Asia 2019: Lose Yourself in the Innovative Blockchain Festival

Blockchain Festival – Debuts in Singapore One of the most worth-watching blockchain events in 2019, Block Live Asia, will debut this month in Singapore. Block Live Asia is the world’s...

| Apr 07, 2019 15:55

Hackers Hit DragonEx: Both Exchange and Users Suffer Losses

Cryptocurrency exchange DragonEx based in Singapore has reported that it suffered an attack from hackers on March 24, leading losses in digital assets for both its users and the exchange itself. So...

| Mar 28, 2019 04:30

Which 5 Countries in the World are the Most Crypto Friendly?

While many countries are still evaluating the definition and approach they should take on blockchain technology and cryptocurrency, some have already put themselves not just in the driver’s seat but...

| Mar 26, 2019 04:27

Singapore Accelerator Spreads Blockchain Knowledge with BMW, Intel, Nielsen

Tribe Accelerator, a blockchain accelerator startup supported by the Singapore government, has announced new strategic relationships with BMW Group Asia, Intel Corporation, and Nielsen to mutually...

| Mar 26, 2019 04:05