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Tag: Asia
Aussie Banks Still Cold to Cryptocurrency Businesses Despite Regulation
Despite increasing regulation in the cryptocurrency sector, Australia’s major banks maintain cautious policies when it comes to cryptocurrencies. While cryptocurrency businesses appear to challenge Australian banks’ appetite for risk, many institutions permit cryptocurrencies to be purchased using credit cards, news.Bitcoin.com reported. Credit Card Cryptocurrency Purchases Permitted by Many Australian Banks A spokesperson for Westpac, Australia’s […]
How 5 Asian Countries Regulate Cryptocurrency
The Financial Stability Board has detailed how its member countries regulate crypto assets, who the regulators are, and the scope of their oversight. Most countries have more than one government body monitoring and regulating different aspects of crypto activities, the news.Bitcoin.com writes. Among the board’s Asian member countries, India is the only one with no […]
BMW, Intel Partner With Government-Backed Blockchain Accelerator
BMW Group Asia, Intel and Nielsen are now corporate partners of the Singapore government-supported blockchain accelerator Tribe, the CoinDesk announced. Tribe Accelerator announced the news Friday, saying that the three firms will share their knowledge and subject expertise in their respective fields with Tribe’s startups in order to help build an “inclusive” ecosystem “ready for […]
US Institutional Crypto Exchange Seed CX Expands to Asia With New Partnership
United States-based institutional cryptocurrency exchange Seed CX has partnered with Singapore-based fintech company Hydra X to offer its trading service in Asia. Seed CX announced the development in a press release published on March 21. Per the announcement, Seed CX will join the list of supported digital asset trading venues available on the Sigma trading platform offered by Hydra X, which is currently […]