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Singapore
Crypto Chaos Continues; Mass BTC Liquidations in Exchanges Across Asia
The Asian crypto markets continued to struggle as investors turned towards stablecoins to minimize losses. Mass BTC long positions were liquidated across exchanges in Asia, but Singapore-based Bybit tells us that the numbers don’t tell the full story. Meanwhile, decentralized finance lending protocol Maple Finance brings DeFi to institutions.

DBS Digital Asset Exchange Performance; Cardano Connects Africa Online
Since its launch, Singapore’s DBS Bank’s Q1 performance unveiled how its digital assets exchange performed for the first time.

Banks Take on Enterprise Blockchain; WeMade Entrusts Crypto to KODA
Banks are headlining blockchain and distributed ledger technology developments in Singapore as Deutsche Bank and Singapore and Hashtacs, or STACS, announce the completion of Project Benja, which tested an end-to-end bond lifecycle management. In Korea, game developer WeMade is entrusting its USD $130 million crypto holdings to the Kookmin bank-backed custody service KODA.

Binance Under Fire; Internet Giant Naver Takes on South Korea’s CBDC
The Asian crypto industry reacts to the US Department of Justice and Internal Revenue Service money laundering probe into Binance. In South Korea, the nation’s largest internet company plans to join Bank of Korea’s CBDC ventures. Over in Singapore, Southeast Asia’s largest lender DBS Bank expands its crypto services for its private bank clients by launching a crypto trust solution. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

FTX CEO on Tokenized Stocks; South Korean Police Officers Want Crypto
FTX CEO goes one-on-one with Forkast.News to talk about tokenized stocks and the importance of licenses to innovate the finance industry. South Korean police officers speak out against anti-crypto policy. Governments such as South Korea continue to grapple with crypto concerns, but Singapore is turning to education over regulation. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

DBS, JPMorgan e Temasek creeranno una joint venture per i pagamenti basati su blockchain
La piattaforma, che si chiamerà “Partior”, cercherà di rivoluzionare il modello di pagamento tradizionale e i comuni punti deboli che ne derivano.

Le startup blockchain di Tribe Accelerator con sede a Singapore raccolgono 70 milioni di dollari
Tribe ha inoltre attratto nuovi investimenti strategici da parte di VC internazionali e ha aggiunto Pfizer come partner di rete.

La Banca Centrale di Singapore avverte che le Cripto "non sono certamente adatte agli investitori al dettaglio"
La dichiarazione è stata rilasciata pochi giorni dopo che il PRIME ministro Lee Hsien Loong è stato coinvolto in una truffa basata su token sulla piattaforma di social media blockchain BitClout.

Binance collaborerà con la piattaforma CapBridge con sede a Singapore per ampliare i suoi servizi
L'accordo legalmente non vincolante indica che le due aziende intendono creare un STO strategico.

Singapore utilizza la blockchain per la verifica dei risultati dei test COVID-19
La Government Tecnologie Agency (GovTech) della città-stato e il Ministero della Salute (MOH) hanno sviluppato una serie di standard digitali open source utilizzati per rilasciare i risultati dei test COVID-19, noti come HealthCerts.
