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Altcoins
Chiliz (CHZ) cryptocurrency jumped as much as 25% on Monday evening in Asia after announcing a US$100 million investment in FC Barcelona’s Barça Studios for a 24.5% stake in the soccer club’s digital content and distribution hub. See related article: South Korea’s Ifland metaverse dives into play-to-earn Fast facts Under the partnership, Socios.com and Chiliz […]
Pradipta Mukherjee
Bitcoin News
Authorities and Bitcoin miners play a cat-and-mouse game as miners find means to stay off the government radar and dodge crackdowns.
Timmy Shen
Regulation
Forkast sat down with Singapore’s biggest bank for insights into crypto regulations in the city-state. Singapore has a reputation for planning far ahead, so what’s in store for cryptocurrencies?
Pradipta Mukherjee
Regulation
Pakistan’s federal government has formed three subcommittees to explore the future of cryptocurrencies and related services, local media report. See related article: Pakistani central bank echoes RBI’s concerns over crypto Fast facts The first panel is chaired by the law secretary with the State Bank of Pakistan (SBP), with the Federal Investigation Agency (FIA) and […]
Pradipta Mukherjee
Upcoming NFT Projects
Indian online travel company MakeMyTrip has launched a non-fungible-token (NFT) collection of Indian tourist destinations, becoming the first Indian travel brand to step into the NFT space. See related article: Is there a future for the NFT beyond digital art? Fast facts The NFT collection “Virtual Vacations!” aims at bringing to life “a kaleidoscopic meta-world […]
Pradipta Mukherjee
Regulation
The city-state wants to position itself as a hub for cryptocurrency service providers while holding onto its reputation as an important cog in the global AML, ATF compliance machinery.
Pradipta Mukherjee
Regulation
The Monetary Authority of Singapore (MAS) has granted in-principle approval to fintech firm Revolut to offer digital payment token (DPT) services under the Payment Services Act, according to media reports. See related article: Caught between a rock and a hard place, Singapore tightens crypto oversight Fast facts Revolut Technologies Singapore Pte. Ltd. (RTS) is already […]
Pradipta Mukherjee
Regulation
A desire to stay in line with global anti-money laundering and anti-terrorism norms is forcing the city state’s hand when it comes to regulating cryptocurrency exchanges.
Pradipta Mukherjee
Regulation
The development allows the city to emerge as a top destination for asset managers looking to launch cryptocurrency-themed funds for professional investors. See related article: More traditional investors are eyeing cryptocurrency to diversify their portfolios Fast facts The Securities and Futures Commission (SFC)-licensed blockchain and virtual assets manager can manage portfolios that may comprise up […]
Forkast.News
