Blockchain / Crypto
MAS finalizes stablecoin regulatory framework
The Monetary Authority of Singapore (MAS) has on Tuesday announced the features of a new regulatory framework that seeks to ensure a high degree of value stability for stablecoins regulated in Singapore. The regulatory framework takes into account feedback received, following an October 2022 public consultation.
Hong Kong’s Xverse raises $5M in seed funding round led by Jump Crypto
Hong Kong-based bitcoin wallet Xverse has raised $5 million in seed funding round led by Jump Crypto. The round also saw participation from RockawayX, Sfermion, Alliance, NGC Ventures, V3ntures, Old Fashion Research, 2140 Bitcoin Ecosystem Fund, Bitcoin Frontier Fund, Newman Capital, Franklin Templeton, New Layer Capital, Miton C, Gossamer Capital, Daxos…
Binance Labs commits $10M to Helio Protocol to advance the LSDfi revolution
Binance Labs, the venture capital and incubation arm of Binance, has committed $10 million to Helio Protocol, a USD-pegged over-collateralized stablecoin. This strategic funding round emphasizes Binance Labs' dedication to supporting innovative projects that are set to shape the next era of DeFi.
D3 Labs joins forces with Indonesian Blockchain Association for Digital Rupiah
Indonesian blockchain-based solutions provider D3 Labs has joined forces with the Indonesian Blockchain Association to provide impetus in the first phase of Digital Rupiah development. The Garuda Project, an initiative of Bank Indonesia for developing the Digital Rupiah, has garnered significant attention since its announcement.
Singapore Red Cross partners with Triple-A to accept cryptocurrency donations
Singapore homegrown humanitarian organization Singapore Red Cross has partnered with crypto payment gateway Triple-A to include cryptocurrency as a newly-accepted form of donation. With Triple-A's white-label crypto payment solutions, the Singapore Red Cross can now receive cryptocurrency donations from supporters, to deliver humanitarian services to uplift…
HashKey becomes the first licensed exchange for retails users in Hong Kong
HashKey Exchange, a Hong Kong Securities and Futures Commission (SFC) licensed virtual asset exchange, has officially announced the upgrade of Type 1 and Type 7 licenses, marking the first licensed trading platform in Hong Kong to offer retail services.
Binance receives operational MVP license in Dubai
Crypto asset trading platform Binance's Dubai subsidiary Binance FZE has become the first exchange to receive the operational minimum viable product (MVP) license from Dubai's Virtual Asset Regulatory Authority (VARA).
Nomura’s crypto arm receives operating license from Dubai
Laser Digital Middle East FZE, Nomura’s Dubai-based digital asset subsidiary, announced Tuesday that it has received operating license approval from Dubai’s Virtual Asset Regulatory Authority (VARA) completing the final stage in VARA’s licensing process.
Philippine construction expert launches ‘Homeqube’ blockchain and AI-powered homebuilding platform
Philippine construction firm Multi-Development and Construction Corporation (MDCC) Former Chief Executive Officer Jose Paolo Calma has launched Homeqube, a blockchain and artificial intelligence (AI)-powered homebuilding platform that enables users to design their dream homes through its built-in network of architects, engineers, contractors, suppliers, and…
Binance launches new platform in Japan
Crypto asset trading platform Binance has launched Binance Japan, its new platform designed for the Japanese market. Binance believes this to be a significant milestone in the country’s Web3 journey and hope to deliver an unmatched crypto experience to its users in Japan.
