Hong Kong’s Security and Futures Commission greenlights Signum Digital to offer security tokens in the city after inviting applications for virtual asset trading licenses. Signum Digital, a joint venture of Coinstreet and Somerley, has announced that it has received an approval-in-principle from the Hong Kong Securities...
The Sandbox has signed a memorandum of understanding with the Kingdom of Saudi Arabia. The partnership will see the two entities work on metaverse projects. The Sandbox is yet to reveal details explaining the scope of the agreement. The Sandbox partners with Saudi Arabia Sandbox co-founder...
The Bank of England and HM Treasury published the consultation paper for a Digital Pound on Tuesday, 7 February 2023. The central bank digital currency (CBDC) is envisioned as digital money to work alongside, not replace cash and that households and businesses can use...
Santander, one of Europe’s largest banking groups, has tweeted it will stop customer payments to Binance. It cited the rise in fraud and a need to keep their customers safe. The firm also mentioned a recent Financial Conduct Authority (FCA) notice that warned that Binance is not licensed...
China’s Central Bank, People’s Bank of China (PBoC) is planning to look into building a digital central bank infrastructure to improve the standards of financial services in the country. On May 18, the Chinese Central Bank’s 2020 video conference on scientific and technological work was held...
Banking giant Wells Fargo says its blockchain for internal cross-border money transfers is faster and more efficient than SWIFT, the global messaging system used by over 11,000 financial institutions. Unveiled this week, Wells Fargo Digital Cash uses R3’s Corda Enterprise software to handle internal book transfers,...
DEC 14, 2018 After months of monitoring and observing the “promising and challenging” potential of distributed ledger technology (DLT), the European Union (EU) is finally making a turn into the blockchain industry. How it all started Back in February 2018, the European Commission (EC) launched the EU Blockchain Observatory and Forum,...
Asia is the world’s growth factory. Two of the fastest growing economies in the world at the moment China and India are in Asia. It has been nearly 50 years since the Bangkok declaration that created ASEAN, which has emerged as one of the fastest...
By Charlotte Kng Singapore — CEO of CoinStreet, Mr. Samson Lee, has been revealed as the latest addition to Õpet’s team of A-list advisors. This is following the recent announcement of Mr. Karthik Iyer, one of the original 8 of the P2P foundation, as token sale advisor to the...