Omise To Offer PayNow Payment Options In Singapore; Faster And More Secure Transactions

Asia-focused Payment Gateway, Omise announced that it will be offering PayNow to customers in Singapore reports Finance Magnates. Customers, namely small and medium-sized e-commerce businesses can expect this addition to take place sometime next month. PayNow was created by DBS, Development Bank of Singapore. Their foundation involves leveraging digital technologies Read more…

China’s State Administration of Forex (SAFE) Extends Cross-Border Pilot to Leverage Blockchain Tech

China’s State Administration of Foreign Exchange (SAFE) has recently taken a move to help leverage blockchain technology so that better cross-border financial services are offered, reports local news outlet Global Times. To be more specific, their cross-border financing blockchain platform pilot now covers up to 19 provinces and cities, which Read more…

Joseph Lubin: Ideally China’s Digital Currency Ought to Allow Interoperability with Open Blockchains

China’s Central Bank Digital Currency has crypto stakeholders within the FinTech space speculating on its opportunities. Joseph Lubin, the founder of Consensys and a co-founder in Ethereum, said that he wishes China will allow interoperability with public blockchains like Ethereum during an Interview with Forbes. Lubin further noted that he Read more…

Stripe’s CEO Patrick Collison Is ‘Very Skeptical’ About Crypto Since Abandoning the Libra Ship

Co-founder of Payment Processing Firm, Stripe, Patrick Collison shared during San Francisco’s WIRED25 Conference that while cryptocurrencies have a potential to succeed, it doesn’t blend within their business model reports BeInCrypto. In addition to speaking regarding cryptocurrencies, the founder delved into topics such as the Internet, China, and others. As Read more…

JPMorgan, Monetary Authority of Singapore to Build Multi-Currency Cross-Border Payment on Blockchain

Singapore’s central bank and financial regulatory authority, the Monetary Authority of Singapore (MAS) along with state-owned enterprise Temasek Holdings, and the largest bank in the US, JPMorgan Chase are working to develop a prototype based on blockchain that will allow payments in multiple currencies on the same network, reported Business Read more…

State Newspaper In China Headlines Bitcoin To Millions Of Readers; Not All Positive Though

The Chinese government is strongly supporting the push towards blockchainizing its economy as seen by President’s Xi’s latest remarks on blockchain technology. While the government makes steps towards fully adopting the technology, certain sections remain disturbed by bitcoin’s public nature, volatility and the use of crypto in aiding criminal activities. Read more…

0