Singapore Introduces Licensing for Crypto Platforms, New Payment Services Now Act in Force

The Monetary Authority of Singapore (MAS) has announced the commencement of the city-state’s new Payment Services Act. The law mandates the implementation of a licensing regime that applies to payment providers, exchanges and other platforms dealing with cryptocurrencies. Their operators are obliged to meet anti-money laundering and counter-terrorism financing regulations. Continue Reading

International Crypto Exchange Liquid Develops Perpetual BTC Contracts With Up to 100x Leverage

Leverage allows cryptocurrency traders unsatisfied with market volatility to make stronger plays on smaller movements. Trading platforms offer various ways to use leverage in order to capture this segment. The latest example is Liquid, an exchange that developed perpetual BTC contracts with up to 100x leverage. Also Read: Liquid Exchange Continue Reading

Bitcoin.com Update: Dev Fund Proposal ‘Will Not Go Through’ Without More Agreement

The BCH infrastructure funding proposal initially announced by Jiang Zhuoer on January 22 will not go through as planned without greater agreement in the Bitcoin Cash community, Bitcoin.com has announced via a read.cash post uploaded today. Also Read: Heated Debate Continues Over Bitcoin Cash Infrastructure Funding Plan Bitcoin.com Will Not Continue Reading

Swiss Bank Julius Baer Offers New Digital Asset Services With Licensed Crypto Bank SEBA

Switzerland, a nation that’s been quite positive towards crypto business, is facilitating the integration between its traditional financial sector and the blockchain industry. With greater regulatory clarity and stability coming, established banks are plucking up the courage to offer digital asset products and services helped by local fintechs. Also read: Continue Reading

Governments and Enterprises Can’t Get Enough of Blockchain – The Gateway to Bitcoin

Governments have long been wary of Bitcoin, while expressing admiration for its innovative ledger system. This trend can be traced back till 2014, when the “blockchain not bitcoin” mantra was coined. Six years on and that sentiment is being backed by action as governments and businesses the world over commission Continue Reading