Singapore news local tycoon peter lim has made a fresh police report after an advertisement of him allegedly promoting bitcoin investments resurfaced online recently. The bank s chief economist mansoor mohi uddin told the national news that emerging digital assets have to survive a number of remaining.
Bitcoin news singapore announces two new cryptocurrency indexes.
Bitcoin news singapore. The singapore stock exchange sgx has partnered with investment firm temasek to explore the use of blockchain technology for the settling of asset trades. The bank of singapore note first reported by the national news dismissed bitcoin as a viable option to displace traditional fiat currencies like the us dollar due to its volatility and the. Singapore is looking to become a crypto leader by helping to set the price standards for both bitcoin and ethereum the two largest.
However the note says it is unlikely that such. The leader in blockchain news. The bank of singapore says bitcoin and the crypto markets at large have the potential to create a new electronic standard for storing value that replaces gold.
Singapore s three arrows capital buys 6 of grayscale s 3 5 billion bitcoin fund three arrows capital ltd has bought a 6 26 stake of the 3 5 billion grayscale investment s bitcoin trust. Bitcoin news is the world s premier 24 7 news feed covering everything bitcoin related including world economy exchange rates and money politics. Bitcoin cash 24h 394 99 16 30.
Singapore s stock exchange backs new ethereum security token platform. A new research note released by the bank of singapore bos suggests that cryptocurrencies are more likely to replace gold as a store of value. Vivian lange 24 was convicted on thursday jan 28 and.
Bitcoin cash 24h 394 99 4 30. Temasek remains a prominent player in singapore s expanding utilization of decentralized ledger technology dlt with several collaborations with both public and private establishments in the city state. A woman has been jailed for providing payment services without a licence the first person to be convicted for such an offence.