The new entity is called Huobi Labuan, and its brokerage license allows it to offer crypto spot and derivatives trading for an initial nine-month trial period. Huobi Global, Huobi Group’s flagship crypto exchange headquartered in Singapore, may have had a rocky fall in 2020 — at least, as circulating FUD and the rumors go. Today, […]
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Libra will initially be pegged to just one fiat currency. The long-awaited digital currency Libra could finally see the light of day as soon as January 2021, according to a new report. Following more than a year of scrutiny from global financial regulators, Libra will launch in a form of a United States dollar-backed digital […]
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Following the launch of a nationwide APS blockchain network for federal, state, and local staff, Australia has launched an international blockchain trial with Singapore. The Australian government is trialing the use of blockchain technology for inter-government document exchanges with Singapore as the latest action in a series of pro-blockchain efforts. It follows hot on the […]
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After a crippling hack, KuCoin looks to return to normalcy — but what’s next for the troubled exchange? In the latest step towards full recovery after a devastating hack in September, Crypto exchange KuCoin announced today in a blog post that it has “restored the deposit and withdrawal services of all tokens.” The announcement follows […]
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While there is an unclear future for digital currency development under Joe Biden’s presidency, China is leading the race. The world is engaging in financial warfare, and China is winning. China’s digital yuan — also referred to as Digital Currency Electronic Payment, or DCEP — will soon be used around the world. The People’s Bank […]
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Where can you mine Bitcoin and Ether in 2020? Here are the top tips about mining pools and what you need to know before joining one of them. For the past several months, miners around the world have been extremely active, which can be seen through spikes in hash rates that coincided with a significant […]
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CFO at Singapore’s central bank told Cointelegraph about his plans to implement Singapore’s wholesale CBDC. Singapore is ready to launch it’s own central bank digital currency, or CBDC, said Sopnendu Mohanty, chief FinTech officer at Singapore’s central bank and financial regulator, Monetary Authority of Singapore. Speaking on the subject during an exclusive interview with Cointelegraph, […]
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BlockShow 2020 at Singapore FinTech Festival to reflect on achievements of blockchain and how the mainstream finance industry is starting to accept blockchain and digital currency tech. BlockShow has unveiled the speakers for the upcoming cryptocurrency-related event taking place in Singapore in December. As previously announced, the Singapore FinTech Festival, or SFF 2020, is organized in […]
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Vietnam’s government is adopting blockchain technology on a national level. Vietnam’s Ministry of Education and Training, or MOET, is planning to implement blockchain technology for issuing diplomas in 2021. According to a Nov. 18 announcement, the MOET has partnered with Singapore-based startup TomoChain to put national student certifications on TomoChain’s proprietary blockchain platform. As part […]
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The app will provide travelers at the New York state airport with surface cleanliness data in real-time. With an eye towards the rapidly spreading coronavirus pandemic, Albany Airport has begun experimenting with the “Wellness Trace App” to track the cleanliness of surfaces and objects inside the airport. The app, developed by General Electric Co. (GE) […]
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