singapore Archives - Page 3 of 73

Hundreds of millions of consumers will use digital currencies soon: Circle CEO

December 9, 2020cashtechnews

Executives from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when digital currencies will go mainstream, at the Singapore Fintech Festival. Speaking at Singapore Fintech Festival, Circle CEO Jeremy Allaire said that “third-generation blockchain technology” would see digital currency “in the hands of hundreds of millions, if not billions of users.” Allaire featured […]

JPMorgan exec: Softer stance on Bitcoin but we’ve always been pro-blockchain

December 8, 2020cashtechnews

Banking executive says JPMorgan has been active in blockchain for a while. Contrary to public perception, JPMorgan Chase has always been pro-blockchain, says the multinational investment bank’s head of wholesale payments, Takis Georgakopoulos. In a live discussion with Nasdaq reporter Jill Malandrino at this year’s Blockshow in Singapore, Georgakopoulos said JPMorgan has always viewed the […]

Future of money will be public-private effort, says ex-CFTC chairman

December 8, 2020cashtechnews

Will CBDCs disrupt stablecoins or will they help each other? The public and private sectors should work closely together to bring about the future of money, according to a former leader of the Commodity Futures Trading Commission. Chris Giancarlo, a former CFTC chairman and initiator of a blockchain-based digital dollar project, joined the Singapore Fintech […]

SBI’s digital asset branch and SIX exchange plan joint crypto venture

December 8, 2020cashtechnews

The new platform aims to establish an institutional corridor between Europe and Asia. Switzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture. According to a Dec. 8 announcement, the firms’ digital asset-related subsidiaries, SIX Digital Exchange and SBI Digital Asset Holdings, are launching a new […]

Facebook hopes to launch its crypto and wallet in 2021, top exec says

December 8, 2020cashtechnews

The social media giant has rebranded in hopes of scoring regulatory approval. Global regulators should grant Facebook-backed cryptocurrency Diem “the benefit of the doubt” to greenlight its launch in 2021, a top executive at Facebook Financial said. David Marcus, the head of Facebook Financial, or F2, said that both cryptocurrency Diem and related crypto wallet […]

Bitcoin’s market cap will flip gold: Winklevoss twins

December 8, 2020cashtechnews

The Winklevoss twins have urged attendees of the Singapore Fintech Festival to educate themselves on Bitcoin, predicting BTC’s market cap will flip that of gold. Speaking during the Singapore Fintech Festival 2020 on Dec. 7, pioneering Bitcoin investors Cameron and Tyler Winklevoss reaffirmed previous forecasts that Bitcoin’s (BTC) price will eventually exceed prices of $500,000 […]

CoinGecko challenges CoinMarketCap’s dominance as a crypto market resource

December 7, 2020cashtechnews

“CoinGecko is locked in a David and Goliath battle to be the site record for crypto financial information.” The gap is narrowing between crypto analytics providers CoinMarketCap and CoinGecko when it comes to the number of website visits each receives per month. According to a Dec. 1 report from news outlet The Ken, CoinGecko had […]

Singapore’s blockchain industry cites supply chain management as biggest DLT use case

December 7, 2020cashtechnews

Survey results suggest “blockchains thrive when being used for multiple integrated applications.” Singapore’s burgeoning blockchain industry has identified asset tracking and traceability as the top use case for distributed ledger technology, underscoring the need for better supply chain management in a post-pandemic world. The findings were presented Monday in the “2020 Singapore Blockchain Ecosystem Report” […]

Consideration phase for digital euro to go well into 2021, says ECB exec

December 7, 2020cashtechnews

The decision on how to launch a digital euro could still be a long time coming. Financial authorities in Europe could form an investigation plan for a digital euro as early as next year, according to an executive at the European Central Bank. Holger Neuhaus, head of market innovation and integration division at the ECB, […]

China Construction Bank’s blockchain bond efforts take a new direction

December 4, 2020cashtechnews

After an earlier attempt, China Construction Bank has gone back to the drawing board with new partners and a new proof-of-concept for a blockchain-based bond. China Construction Bank, the world’s second-largest bank by assets, is cooperating with Malaysian and Singaporean partners to test blockchain technology for use in the bond market. As previously reported, China […]

Tag: singapore

Hundreds of millions of consumers will use digital currencies soon: Circle CEO

JPMorgan exec: Softer stance on Bitcoin but we’ve always been pro-blockchain

Future of money will be public-private effort, says ex-CFTC chairman

SBI’s digital asset branch and SIX exchange plan joint crypto venture

Bitcoin’s market cap will flip gold: Winklevoss twins

CoinGecko challenges CoinMarketCap’s dominance as a crypto market resource

Singapore’s blockchain industry cites supply chain management as biggest DLT use case

Consideration phase for digital euro to go well into 2021, says ECB exec

China Construction Bank’s blockchain bond efforts take a new direction

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