Managers of Wealth Asia Pacific

Singapore’s central bank plans to bolster cryptocurrency regulations

Most regulatory regimes today do not cover areas such as consumer protection, market conduct, and reserve backing for stablecoins.

Thai crypto exchange Bitkub and US payment platform Circle team up to promote USDC stablecoin

UST and Luna are traded via Terra, a blockchain protocol and payments platform used for algorithmic stablecoins.

GBST strengthens its Executive Team with two new appointments

Stacey commences her role on 14 July and Marie has already commenced her new role.

Japan struggles with self-regulation during crypto meltdown

Industry body charged with overseeing exchanges is in the grip of a crisis

Eton Solutions Raises US$ 38 Million Series C Funding

Series C Funding Round Anchored by Navis Capital Partners to Support Eton Solutions Product Development, its Rapid Growth Trajectory, and International Expansion.

Singapore robo advisers don’t expect to lay off staff like StashAway

Endowus and Syfe, two other independent robo advisers in Singapore, say they haven’t reduced headcount.

Australia's major banks look to dynamic CVV to combat payment fraud

The bank began rolling out the feature in 2020. It is currently used by over 10,000 Westpac customers each day.

Neobanks No Longer Spook Anyone Out

That might be clear to any back-office project manager waiting eight months to get a minor banking system update approved by a local regulator - but it is much less apparent to the wider world.

Delio Launches Korea’s First Crypto Bank

As a crypto bank, Delio provides services similar to a traditional financial institution (FI) but for cryptocurrency, including deposits, loans, asset transactions and withdrawals, the post stated.

Nexo Intends to Fully Acquire Embattled Vauld

Upon successful completion of the transaction, Nexo aims to reorganise Vauld’s future operations with the aim to accelerate its deeper presence in Asia.

Simplifai and Contemi Solutions enters a partnership to bring new digital capabilities to the European and Asian Insurance sector

As part of the agreement, Contemi Solutions will include Simplifai’s AI-driven systems in its offering to support its clients.

Practifi integrates with Voyant

"There is something special to advisers to be able to move between Practifi and Voyant and know that their data moves with them without the need to rekey. This integration is a natural fit for Practifi and Voyant advisers,”

ANZ completes first A$DC stablecoin transaction

Zerocap sourced the BCAU from BetaCarbon, which tokenises Australian Carbon Credit Units (ACCUs) into digital tokens, with each representing 1kg of carbon captured.

Singapore regulator praises leaders of crypto firms like Binance

The total market value of cryptocurrencies, which topped US$3 trillion (about RM13.21 trillion) in November, has dropped to US$991 billion, according to data from CoinGecko.

BIS compares projects to transfer central bank digital currencies across borders

The international bank found high technical feasibility among the projects, but significant work on legal and governance frameworks still remains to be done.

Evolution of the cryptocurrency landscape in Singapore

The service of dealing in, or facilitating the exchange of, DPT is regulated under the PSA.

Temasek-backed Partior Taps SWIFT Veteran

Payments Firm Partior Hires Industry Veterans as CEO

Rabobank Australia signs five-year software licence agreement with Identitii

Rabobank Australia will use Identitii’s cloud-hosted reporting platform, to help further automate IFTI reporting to AUSTRAC.

Aussies commence more than 2 million claims to uncover government benefits and rebates

The Benefits finder feature has recorded a new milestone, with more than 2 million claims started by Aussies keen to uncover their unclaimed benefits, rebates and support payments.

Manulife joins forces with Vietnam fintech firm

The partnership hopes to narrow the health protection gap.

FinTech