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Singapore

Central Banks from France, Italy, Malaysia, and Singapore Join BIS Project to Revolutionize Retail FX Payments

The BIS Innovation Hub revealed Project Rialto, connecting central banks from France, Italy, Malaysia, and Singapore to explore retail cross-border payments. The project integrates domestic...

Australian Crypto Firm Monochrome Expands to Singapore with Bitcoin, Ethereum ETFs

Australian firm Monochrome Group registers Bitcoin and Ethereum ETFs with Singapore's monetary authority, requiring minimum S$200,000 per transaction. ETFs will support both Bitcoin and cash...

Singapore’s NTU Speech Lab Partners with Theta Labs for AI Research Infrastructure

Singapore's NTU, ranked 15th globally, joins Theta Labs' academic network as EdgeCloud customer. NTU's Speech Lab secured S$18 million in research funding for AI and...

Singapore Court Greenlights WazirX’s Recovery Plan After $235M Lazarus Hack

Singapore High Court approves WazirX exchange's restructuring plan following $235 million hack. Users may recover up to 80% of stolen funds through token distributions. North Korean...

Singapore Central Bank Taps Chainlink for Three Major Financial Innovation Projects

The Monetary Authority of Singapore's Project Guardian integrates ChainLink for three significant financial applications. Swift and UBS Asset Management collaborate on connecting tokenized assets with...

Singapore Blocks Crypto Prediction Platform Polymarket Under New Gambling Laws

Singapore blocks access to cryptocurrency prediction platform Polymarket under gambling regulations. Users report inability to access the platform starting January 12, 2024. The block stems from...

Major Crypto Firms Unite to Launch New USDG Stablecoin Network in Singapore

Major crypto firms including Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood launch Global Dollar Network New USDG stablecoin aims to return most...

SBI Digital Markets Expands Tokenized Securities in Singapore’s Project Guardian

SBI Digital Markets expands role in Singapore's Project Guardian with new tokenized securities pilots First structured note backed by luxury wine assets planned for release...

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Crypto Fear Fuels Potential for Unexpected November Rally

Crypto market sentiment is showing extreme fear, the lowest since March, amid ongoing declines. Social media shows mixed bullish...

IBM Unveils 120-Qubit Nighthawk Chip, Aiming for Quantum Advantage by 2026

IBM unveiled the Nighthawk and Quantum Loon quantum processors, marking significant progress toward verified quantum advantage and fault-tolerant computers.Nighthawk...

Nvidia Eyes $200 Return Amid AI Growth and Strategic Deals

NVIDIA stock has encountered resistance near $200 but rose 5% over the last month amid fluctuating AI sector performance.The...

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