Search Results for: Government of Singapore

10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies

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The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, マレーシア, Myanmar, フィリピン, シンガポール,…

Alchemy Pay: Bridging the Global Economies of Fiat and Cryptocurrencies

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On April 20th, The European Parliament approved the first comprehensive crypto regulation EU-wide, the Markets in Crypto-Assets (雲母). In the same day, a separate law, the Transfer of Funds regulation, was passed, requiring crypto operators to confirm the identity of their…

South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’

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The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” スティーブン・ボイキー・シドリー, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have fled the country…

India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar

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The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments…

80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says

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Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, カナダ, European Union countries, シンガポール, the U.K., and the…

Unbanked and Mastercard Team Up to Accelerate Crypto Card Adoption Within Web3 Organizations in Europe

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プレスリリース. Today it was announced that Unbanked, the leading provider of white-label crypto card issuance and program management service for Web3 companies has partnered with Mastercard, to accelerate DeFi card issuance in Europe. Mastercard and Unbanked have already established a…

Kevin O’Leary Reveals How He Almost Secured $8 Billion to Rescue FTX Before It Collapsed

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Shark Tank star Kevin O’Leary, しかしミスター. 素晴らしい, has shared how he and Sam Bankman-Fried (SBF) almost raised $8 billion from institutional investors to save crypto exchange FTX before it collapsed. でも, when reports emerged of FTX being investigated by several…

Ontario Teachers’ Pension Fund Writes Down Entire Investment in Bankrupt Crypto Exchange FTX Citing ‘Potential Fraud’

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Ontario Teachers’ Pension Plan (OTPP), one of the largest pension plans in the world, is writing down its investment in the bankrupt crypto exchange FTX. “Recent reports suggest potential fraud conducted at FTX which is deeply concerning for all parties,” の…

報告する: シンガポールの国営投資家 Temasek は、困難な仮想通貨取引所 FTX に関与している

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According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has…

Coinbase は、シンガポールで暗号化サービスを提供するための原則的な承認を取得します

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シンガポール’s central bank, the Monetary Authority of Singapore (しかし), has given Coinbase “in-principle approval” allowing the crypto exchange to “offer regulated digital payment token products and services in the island state.” Coinbase stressed: “今日’s announcement underlines our commitment to Singapore as…