Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has officially launched a new platform for clients outside the US. The platform, known as Gemini Foundation, is now available in over 29 countries including Singapore, Hong Kong, India, Argentina, Bahamas, Bermuda, British…
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Singapore
China to start tourist travel pilot plan in February
In a recent announcement by the Chinese Ministry of Culture and Tourism, it was revealed that they will launch a pilot tourist travel plan starting next February 6, resuming the activity suspended by the Covid-19 pandemic.
It is a pilot…
Marriages and trials can be done in the metaverse
In the future it is planned that legal procedures such as marriages, litigation in court and government services can be carried out within the same metaverse.
This was stated by a minister of the Singapore government, named Edwin Tong,…
Ant Group launches digital banking service in Singapore
Ant Group, the Chinese fintech giant, launched a digital bank in Singapore called ANEXT Bank, which together with the Proxter platform, has the mission to satisfy the needs of small local and regional companies that carry out cross-border…
Scientists create self-cleaning lens material
A group of scientists from the Nanyang Technological University (NTU) in Singapore established a new system to cover the lenses of eyeglasses that will prevent the condensation of fog, which is capable of cleaning itself and has…
Crypto market to grow by tens of trillions of dollars
Jihan Wu, one of the founders of Bitmain, expressed that the crypto market will grow by trillions of dollars despite the volatility that characterizes cryptocurrencies. "Even if 95% of today's coins lose all their value and disappear, the…
Binance to stop cryptocurrency services in Singapore
Binance will not offer the services of fiduciary deposits, cryptocurrency spot trading and buying digital assets through fiat channels and liquid swaps from its main platform to users in Singapore. This was reported by the Exchange through…
Singapore selects companies for CBDC development
The Monetary Authority of Singapore (MAS) announced the pre-selection of 15 participants for the "Global CBDC Challenge", from which a team for the development of an internal retail cryptocurrency will result.
The announcement reflects the…
France and Singapore jointly test cbdc
The Bank of France and the Monetary Authority of Singapore (MAS) are jointly testing digital currencies issued by central banks, according to a joint statement.
Both institutions ensured that the cross-border settlement and payment…
Singapore’s DBS launches its own token
The multinational banking corporation, known as DBS Bank of Singapore, launched its first security token offering, or STO, through the issuance of a digital bond.
As indicated, this asset has a price of 11.35 million dollars to be paid…
E-commerce increases to $ 26.7 trillion
The e-commerce sector has presented an increase of 3 %, going from 16 % obtained in 2020 to 19 %, which is equivalent to 26.7 trillion dollars. This growth has been driven by traffic restrictions, all of them adopted by different countries…
Commerzbank will close subsidiaries in Venezuela and Barcelona
Germany's second private commercial bank, Commerzbank, plans to close its branches in Barcelona (Spain) and Venezuela, and also sell its subsidiaries in Brazil and Hungary.
The measure is due to the results released by the entity in 2020…