Singapore

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Here's Why Diem's Second Stablecoin May Be Based on Singapore Dollars

The Diem Association has now applied to FINMA in Switzerland. Now it is just waiting for FINMA's approval, which may be approved as early as January 2021. The first stablecoin that Diem plans to issue will be a USD-based stablecoin.
Here's Why Diem's Second Stablecoin May Be Based on Singapore Dollars
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ICoinTime|Singapore: A Blockchain Payments Platform is Ready for Commercial Launch

The Monetary Authority of Singapore is ready to deploy its multi-currency blockchain payments project for commercial use.
ICoinTime|Singapore: A Blockchain Payments Platform is Ready for Commercial Launch
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The Battle for Legal "Entry" of Digital Currency

Traditional commercial banks and stock exchanges are entering the field of digital assets such as digital currency and token issuance, and use them as opportunities to enhance the competitiveness of global financial centers.
The Battle for Legal "Entry" of Digital Currency
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Singapore's Largest Bank to Establish DBS Digital Exchange

SGX - a Singapore's stock exchange - will boast a 10% stake in the crypto exchange platform.
Singapore's Largest Bank to Establish DBS Digital Exchange
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Singapore will Use $8.9 Million to Promote Blockchain Development

The Singapore government has passed an innovative project worth millions of dollars to double its effort to promote the development of blockchain in the country.
Singapore will Use $8.9 Million to Promote Blockchain Development
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Blockchain Technology Will be Heavily Adopted in Australia's Financial and Regulatory Fields

After launching the nationwide APS blockchain network for federal, state and local employees, Australia has conducted an international blockchain trial with Singapore.
Blockchain Technology Will be Heavily Adopted in Australia's Financial and Regulatory Fields
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ICoinTime|HSBS Bangladesh Imports 20,000 Tons of Fuel Oil via Blockchain

HSBS Bangladesh has finished the country’s first blockchain-powered cross-border trade settled via a letter of credit.
ICoinTime|HSBS Bangladesh Imports 20,000 Tons of Fuel Oil via Blockchain
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ICoinTime|A sign of increasing institutional adoption in crypto sector: DBS Digital Exchange

It is expected that the impending digital asset exchange from Singapore's largest bank DBS will favor other Asian financial institutions to disclose their crypto strategies.
ICoinTime|A sign of increasing institutional adoption in crypto sector: DBS Digital Exchange
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ICoinTime|Singapore Confirms a Broadly Hands-off Policy on Cryptocurrency

Singapore's deputy prime minister's new bullish statements confirm the continued legitimacy of cryptocurrency in the country.
ICoinTime|Singapore Confirms a Broadly Hands-off Policy on Cryptocurrency
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BlockShow returns as partner to Singapore central bank's fintech event

BlockShow has partnered with the Monetary Authority of Singapore to curate blockchain discussions for its five-day FinTech conference.
BlockShow returns as partner to Singapore central bank's fintech event
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