Singapore has seen a tenfold increase in crypto-related investments last year worth $1.48 billion, up from $110 million in 2020, according to KPMG's Pulse of Fintech report.As per the study, the city-state has long been recognized as a center of cryptocurrency activity, with over $1.48 billion in investment completed last year alone.KPMG suggests that the increase is in part … [Read more...] about Singapore saw 13x jump in crypto investments in 2021: KPMG
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Singapore firm uses blockchain to battle counterfeit COVID-19 jabs
Singaporean healthcare services provider Zuellig Pharma is using a blockchain-based network to track COVID-19 vaccinations to prevent practitioners from administering expired vaccines. Zuellig Pharma says that its new “eZTracker” management system can help prevent improperly stored or counterfeit vaccines from being used by allowing its clients to instantly verify the … [Read more...] about Singapore firm uses blockchain to battle counterfeit COVID-19 jabs
Singapore Looks to Curb Crypto Ads
The Monetary Authority of Singapore (MAS) issued a set of guidelines on Monday that limit crypto firms from advertising their services to the public.Digital payment token (DPT) service providers "should not promote their DPT services to the general public in Singapore," MAS said in a statement.Crypto is "highly risky and not suitable for the general public" and service … [Read more...] about Singapore Looks to Curb Crypto Ads
Singapore Tycoons’ Sons Plan Private NFT Club That Will Become an ARC to the Metaverse: Report
A son of a Singapore financier and a son of the family that started Mewah International Inc., an edible oils company, have founded ARC, a private, NFT-based social networking app that will be open to anyone who owns their non-fungible token, Bloomberg News reported on Thursday. They plan to eventually create an “ARC metaverse,” a huge virtual community that includes a gaming … [Read more...] about Singapore Tycoons’ Sons Plan Private NFT Club That Will Become an ARC to the Metaverse: Report
Gemini Looks to Replace APAC Head in Singapore After Jeremy Ng Departs
Huobi Singapore operates under FEU International, which is a subsidiary of Huobi Tech, a Hong Kong-listed company that is independent from Huobi Group. Huobi Group owns the crypto exchange Huobi Global, and shares two co-founders with Huobi Tech; Leon Li and Du Jun. Source link … [Read more...] about Gemini Looks to Replace APAC Head in Singapore After Jeremy Ng Departs