Key highlights: CZ backed a regional crypto licensing system in ASEAN. He said licensed firms should not have to face a stringent process when expanding. ASEAN already has similar passporting systems for investment funds and advisers. Binance’s Changpeng “CZ” Zhao voiced his support of a regional crypto licensing system that would make operating across ASEAN […]
Tag: Singapore
Key highlights: KB Kookmin Bank has embraced JPMorgan’s Kinexys network for cross-border payments. The bank is the first financial institution to adopt JPMorgan’s Kinexys. The move highlights the growing adoption of blockchain in South Korea’s TradFi. KB Kookmin Bank, the largest financial institution in South Korea, is expanding its use of blockchain technology with JPMorgan’s […]
Key highlights: Coinbase wants to grow its staff in Singapore to 200 by the end of the year. The cryptocurrency exchange unveiled a swanky office in Singapore as it eyes expansion into Southeast Asia. In May, Coinbase laid off 700 employees to focus on AI productivity gains. Coinbase has unveiled plans to bolster its staff […]