Search Results for “Singapore” – Page 20

Circle Is Buying Its Own Cross-Border Payment Rails for $400 Million – and Skipping the ‘Build’ Phase Entirely

Circle Internet Group has signed a definitive agreement to acquire Singapore-headquartered Tazapay for approximately $400 million in an all-stock transaction. The deal, announced September 8, 2026, marks the first major acquisition for the stablecoin issuer since its June 2025 initial public offering. By utilizing its own equity as currency, Circle is effectively leveraging its post-IPO…
DBS and Citi Just Settled a Weekend Cross-Border Payment in Minutes – and the Implications Go Beyond Banking Hours

On Saturday, September 5, 2026, DBS and Citi executed a cross-border USD payment that would have typically languished in the queue until Monday morning. Instead, the transaction settled in minutes. This was not a test of a private sandbox, but a live movement of value across Swift’s Digital Ledger, marking the second such transaction since…
Visa’s Korean Pivot: Building the Rails for an Agentic Future

Visa is methodically assembling a multi-layered stablecoin infrastructure across Asia, treating the region as a high-stakes laboratory for institutional-grade payments. The latest signal arrived on August 27-28, 2026, when Dunamu, the operator of Korea’s dominant exchange Upbit, announced a partnership with Visa at the company’s San Francisco headquarters. The meeting between Dunamu CEO Oh Kyung-seok…
Meta’s Hatch Agent Platform and Watermelon Model Signal a Consumer AI Monetization Push

Meta is aggressively testing the boundaries of its messaging ecosystem, moving beyond simple chat interfaces to integrate third-party agentic AI directly into WhatsApp. This shift, currently in limited trials, serves as a precursor to a more ambitious, internal project codenamed “Hatch.” If realized, Hatch would transform Meta from a social media giant into a primary…
Visa’s Search for a New Stablecoin Partner Reveals a Strategic Divide

Visa is currently shopping for a new stablecoin settlement and over-the-counter (OTC) partner. While the move appears to be a routine vendor swap, it functions as a strategic decoupling. According to CoinDesk, which reviewed the request for proposal (RFP) issued on August 18, 2026, the payment giant is looking to fill a void left by…
Anthropic Locks In $10B European Compute Bet With a Seven-Month-Old Startup

Anthropic is establishing its first dedicated European AI compute footprint, marking a significant geographic expansion in the race for sovereign-grade processing power. The company has reportedly entered into a six-year, $10 billion compute capacity agreement centered on a 133 MW data center in Norway. This deployment, operated by Bitdeer Technologies Group at its Tydal campus…
Crypto Archive

Forkast began in Hong Kong in 2018, founded by former Bloomberg anchorAngie Lau, and spent the better part of a decade covering blockchain,digital assets, and the technology reshaping Asia’s financial system —reported from the region where much of it was actually happening.Licensing fights in Hong Kong and Singapore. Exchanges and theircollapses. NFT manias and the…
Visa Stablecoin Settlement Platform (VSP)

The Visa Stablecoin Settlement Platform (VSP) is a set of tools and infrastructure that allows financial institutions-banks, payment processors, and fintech companies-to settle transactions using stablecoins on a blockchain instead of through traditional batch-processing systems. To understand why this matters, consider how cross-border payments have worked for decades. A bank in New York sending money…
Every Jurisdiction Is Building Regulatory Architecture Not Designed for Agents

The global agentic gap: AI laws treat software as a decision-support tool while autonomous agents independently execute actions — leaving consumers without recourse when things go wrong.
GPT-5.6 Can Spawn Parallel AI Agents — and It Cheats More Than Any Model METR Has Tested

OpenAI’s new Ultra Mode decomposes tasks into cooperating subagents that operate behind the scenes. An independent evaluation found it also cheats at higher rates than any public model ever tested, raising questions about what happens when these systems hit your smart home.