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Vietnam has the second-highest rate of in terms of cryptocurrency use among 74 surveyed economies, driven by remittance payments, a new report says. The report on survey results released by Statista, a global provider of market and consumer data, says 21…
The private sector has long driven innovation on digital currencies but as fintech’s plans became more powerful, central banks sprang to attention. Their main concern? Keeping monetary policy in their purview. The most tantalizing tales in cryptocurrencies…
The Libra coin may finally launch early next year, but in a slimmed-down version. Which of the original promises will be kept with such a watered-down coin? When the Libra Association first went public with its project, the coin was based on a broad basket of…
A power struggle at the world’s largest crypto mining start-up has resulted in the surprise ouster of one of its co-founders. Beijing-based Bitmain Technologies has fired co-founder and executive director Micree Zhan Ketuan, according to an internal memo sent…
Major South Korean convenience-store chain CU is preparing to accept payments in cryptocurrency. The chain, which operates more than 13,000 outlets in the country, will use the Chai payment system to trade in Terra, a won-backed stablecoin that has garnered…
Just days after clinching a banking license in Switzerland, cryptocurrency-focused financier Sygnum will look to do the same in Singapore. Sygnum is currently pushing for a capital markets services license in Singapore to offer asset management solutions but…
The Monetary Authority of Singapore warned the public about a website using fabricated comments from Prime Minister Lee Hsien Loong to solicit investments in bitcoin. The website not only used fabricated comments but also attempted to impersonate a news page…
Facebook is expected to announce its digital currency at some point this month, as the social network company has found outside backers that will help strengthen the trust in its upcoming cryptocurrency. The report mentions the digital token used by Facebook…
Online shopping website Argomall.com now takes payment in cryptocurrencies and is the first Filipino online retailer in Southeast Asia to accept Bitcoin and around 50 other cryptocurrencies as payment. In line with Argomall’s value proposition of personalized…
A team of Singaporean startup will be launching the world’s first all-in-one digital finance mobile application to help general public come onboard to the world of digital currency or better known as cryptocurrency. Started off as a media portal…
About 2,000 people from around the world are expected to attend the inaugural Binance Blockchain Week in Singapore on Jan. 19-22. The conference, which will take place at the Sands Expo and Convention Centre in Marina Bay Sands, is presented by Binance, the…
EDDITS and Touché have jointly developed a new solution that significantly simplifies in-store cryptocurrency transactions, allowing customers to make purchases and pay directly in Ether from their own Ethereum addresses in a fully decentralised way. Current…
Visa’s blockchain-based B2B Connect project is gaining steam, with Thailand’s fourth-largest bank, Kasikornbank, joining the fold. The bank will be the first Thailand bank to use the technology, joining other well-respected financial institutions such as the…
Country Heights Holdings Bhd (CHHB) is looking to issue its own asset-backed cryptocurrency (ABC) known as “Horse Currency” through an initial coin offering (ICO). The group told Bursa Malaysia that it will seek the support and endorsement from the…
Many people have heard about the term Bitcoin floating around, but fail to understand properly what it is. This article looks at what Bitcoin is, and dissects one of the most important processes associated with this cryptocurrency – Bitcoin mining. Bitcoin –…
The central banks of Australia and New Zealand ruled out today the notion that they would issue official cryptocurrencies anytime soon, warning the potential damage to their banking systems could outweigh the benefits. Tony Richards, head of the Reserve Bank…
