03/13/2023
SVB Collapse Sends Ripples to Asia
The FDIC created a new bank – the Deposit Insurance National Bank of Santa Clara – to hold SVB’s assets, according to a statement.
FinTech
03/09/2023
Asia Pacific digital fund distribution seen soaring to US$2.2 trillion by 2027
China is far ahead in the game, with 84% share of the region’s digital fund distribution channel.
03/09/2023
Funds in Singapore’s CPF investment scheme spill red ink in 2022
“As policy moves to support the real estate industry help lift consumer confidence, we should see healthier activity growth in the second half of 2023,”
03/08/2023
Young Rich Listers push Cayman Islands crypto sale amid redundancies
The concerted effort to sell tokens in private through a Caymans entity raises questions about the transparency of the company’s operations and finances
03/08/2023
Banks look to adopt ChatGPT to help customers: Microsoft
“That is where people are getting really excited, around experience interfacing with frontline workers or the customer service area,”
03/03/2023
Binance Custody Unit Seeks Singapore Crypto License
This marks yet another attempt by Binance to apply for a license in the city-state after the crypto giant withdrew an application in December 2021 due to «strategic, commercial and developmental» considerations.
03/03/2023
Australian Central Bank Set to Launch CBDC Live Pilot in a Few Months
The project involves selected industry participants demonstrating potential use cases for a CBDC using a limited-scale pilot CBDC that is a real digital claim on the Reserve Bank.
02/27/2023
North Asia Vet Join Digital Asset Platform Metacomp
Parent group Metaverse Green Exchange is a green fintech firm that provides end-to-end carbon-as-a-service solutions.
02/21/2023
Hong Kong to Allow Retail Access to Major Tokens
But authorities do not want to fully open retail access to all tokens, citing concerns about risk.
02/21/2023
Huobi Bets Big on Hong Kong
Sun himself also said he would relocate to Hong Kong to capitalize on the opportunities as early as next month.
02/17/2023
Experian appoints Envestnet | Yodlee as open data API provider in Australia
The more consumers that opt in to share data through Open Banking, the faster it will deliver the value it has in more mature data markets spurring innovation and greater competition among lenders.
02/17/2023
Nomura invests in 'Hybrid Finance' startup Infinity
The investment by Nomura’s Laser Digital marks a concerted advance by traditional investment banks into the institutional DeFi or 'Hybrid Finance' space.
02/14/2023
Japan’s JCB Becomes Interwoven With India’s Digital Economy Amid One Million RuPay Card Issuance
The issuance allowed cardholders to use their RuPay cards at accepting points in India and JCB cards at accepting points outside India for both point-of-sale (POS) transactions and ATMs.
02/10/2023
Eton Solutions selects Singapore for its International Headquarters and launches new Administrative Family Office Solution to support clients in the Middle East
The Eton Solutions Administrative Family Office is the company's latest innovation that empowers family offices to operate with the same capabilities as the largest family offices in the world
02/09/2023
NAB signs up 500 women to cloud tech learning programme
The reality is that many women are already equipped with these skills - they just need the right context and encouragement to transfer them.
02/07/2023
Endowus Inks Alternatives Partnership with Amundi
Amundi Alternatives is a business line created on 1 January 2022, following Amundi's acquisition of Lyxor Asset Management, with a focus on recognized hedge fund managers in the industry
02/03/2023
Standard Chartered to Set Up Crypto Custody JV in Japan
Zodia Custody is both proud and excited to be working with SBI DAH to help set up SBI Zodia Custody,» said Zodia Custody CEO Julian Sawyer.
02/02/2023
Thailand’s Daol to offer digital asset services, signs pact with Singapore tech firm
According to Will Lee, founder and chief executive officer of InterOpera, the collaboration “reinforces our belief that financial markets can be more inclusive and realises our vision to build connectivity across capital markets in Asia and beyond
02/01/2023
Conclusion of discussion paper on crypto-assets and stablecoins
On the whole, the respondents were supportive of regulating stablecoins with a risk-based and agile approach.
01/31/2023
Japan Securities Clearing Corporations implements blockchain for settlement of rubber futures
Going forward, the delivery method will migrate to an on-line exchange of a token recording the delivery order information using blockchain technology.