January 8, 2024 By Anjali Kochhar Instead of January as expected by the market, all applications for spot Bitcoin ETFs may be approved in the second quarter of 2024, according to the most recent Matrixport analysis, “Why the SEC will REJECT Bitcoin Spot ETFs again.” It is therefore anticipated that the price of Bitcoin would […]

January 5, 2024 By Sharan Kaur Phillora Standard Chartered’s innovative wing, SC Ventures, has launched Libeara, a tokenization platform to revolutionize traditional finance. This Singapore-based startup marks a significant stride into the future of blockchain-enabled financial services. Moody’s recently rated the first fund using Libeara’s platform, FundBridge Capital’s SGD Delta fund, with an AA rating. 

January 5, 2024 By Anjali Kochhar When OpenAI’s ChatGPT large language model AI was made available to the public in late 2022, artificial intelligence had its Big Bang moment. Others began to question ChatGPT’s exclusive monopolistic status in response to the network’s growth. Elon Musk launched his own beta platform, Grok, in late 2023, while

January 4, 2024 By Sharan Kaur Phillora China has expressed increasing alarm over the misuse of cryptocurrencies by corrupt officials to conduct illicit cross-border transactions. With the rise of digital currencies, officials have turned to “cold storage” methods to discreetly move assets out of the country, raising significant concerns about these transactions’ unregulated and secretive

January 4, 2024 By Anjali Kochhar U.S.-listed companies, including COIN, MSTR, MARA, and RIOT, demonstrated notable increases in pre-market trading, capitalizing on the bullish momentum of bitcoin. As the world’s largest cryptocurrency began 2024 by crossing $45,000 for the first time in 21 months, pre-market trading observed a rise in shares of well-known bitcoin-related companies

January 3, 2024 By Sharan Kaur Phillora In a significant move towards financial innovation, HSBC Hong Kong is deepening its collaboration with local authorities to pioneer digital currencies and Central Bank Digital Currency (CBDC) pilots. The initiative aims to revolutionize cross-border payments, making them more efficient, transparent, and cost-effective. Here’s what we know: HSBC Hong

January 3, 2024 By Sharan Kaur Phillora In a bold move to spearhead technological innovation, GBA Capital, a venture capital firm rooted in Shenzhen, China, has announced a $10 billion investment fund aimed at nurturing startups in the Web3 space. Here’s what we know: This initiative spotlighted at the Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy

January 2, 2024 By Anjali Kochhar Sam Altman, the CEO of OpenAI, co-created the cryptocurrency project Worldcoin WLD +2.01%, which declared its launch in Singapore on Wednesday. People in Singapore can now confirm their distinct humanity using an Orb, showcasing the increasing worldwide fascination with validating personhood through the Worldcoin project, as stated on the

January 2, 2024 By Sharan Kaur Phillora Adani Enterprises Limited and Sirius International Holding have established a joint venture, Sirius Digitech International Limited, to capitalize on the burgeoning digital transformation in India. Here’s what we know: As the nation’s digital market is projected to burgeon into a $1 trillion arena by 2030, this alliance aims to

December 29, 2023 By Tsering Namgyal The Indian government has issued show cause notices to nine offshore crypto exchanges under Prevention of Money Laundering Act (PMLA), it announced on Thursday. Finance Intelligence Unit (FIU) said it has written to the Ministry of Electronics and Information Technology to block the url of offshore exchanges Binance, Kucoin, Huobi,