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KPMG: Fintech Funding Fades in 2023

KPMG: Fintech Funding Fades in 2023

The global fintech market experienced its most challenging year since 2017, with investments dropping to $113.7 billion. Singapore's AI fintech sector saw a 77% increase in funding.

Abu Dhabi Global Market to Permit Licensed Exchanges Trade NFTs

Abu Dhabi Global Market to Permit Licensed Exchanges Trade NFTs

The Abu Dhabi Global Market (ADGM) is building out a regulatory framework that may make trading platforms or exchanges that have licenses to operate within the free trade zone to trade NFTs.

Manchester United Selects Blockchain Firm Tezos as Technical Partner

Manchester United Selects Blockchain Firm Tezos as Technical Partner

Manchester United has inked a multi-year deal with Tezos as its training kit sponsor, indicating it is one of the sustainable, reliable, and advanced blockchains providers.

Huobi Global Acquires Bitex To Expand Latin America in Market Share

Huobi Global Acquires Bitex To Expand Latin America in Market Share

Huobi Global is looking to expand its portfolio and strengthen its presence in Latin America following its acquisition of Bitex crypto exchange.

Philippine Crypto Exchange Raised $50M from Series B Round, Led by Tiger Global

Philippine Crypto Exchange Raised $50M from Series B Round, Led by Tiger Global

Philippine Cryptocurrency Exchange (PDAX) has raised $50 million from a Series B round, led by Tiger Global management.

Solana Launches Real-Time Carbon Emissions Tracking Dashboard

Solana Launches Real-Time Carbon Emissions Tracking Dashboard

The Solana Foundation has launched a real-time tracking dashboard to measure carbon emissions on its blockchain, making it the first "major smart-contract blockchain" to do so. The dashboard, available on the Solana Climate website, aims to set a new standard for measuring emissions in the blockchain industry and encourages transparency. The data used to power the dashboard is open-source and modeled on the estimated carbon footprint of the Dell PowerEdge R940. The move comes as global efforts are being made to utilize blockchain technology to monitor carbon emissions.

Upbit Singapore Secures MAS's MPI Licence

Upbit Singapore Secures MAS's MPI Licence

Upbit Singapore receives a Major Payment Institution license from MAS, marking a key step in its expansion and compliance with Singapore's regulatory standards in the digital asset sector.

Ark Investment: Autonomous Vehicles to Boost GDP by $26 Trillion, Save Over 1M Lives by 2030

Ark Investment: Autonomous Vehicles to Boost GDP by $26 Trillion, Save Over 1M Lives by 2030

Ark Investment predicts autonomous vehicles could add $26T to global GDP and save over 1M lives by 2030, transforming economies and consumer experiences.

The Sale of Perth Glory FC Seems Dead in the Water Based on the Crypto Firm’s Dark Past

The Sale of Perth Glory FC Seems Dead in the Water Based on the Crypto Firm’s Dark Past

The proposed sale of Perth Glory FC, an Australian soccer club, has been thrown into disarray following allegations that the potential buyers have an ongoing fraudulent misrepresentation case in the UK High Court. The claims point out that London Football Exchange (LFE), a London-based cryptocurrency company, and its owner Jim Aylward were facing a $2.2 million USD lawsuit brought forth by a Turkmenistan oil trader.

Binance Exchange Inaugurates Global Advisory Board under Compliance Drive

Binance Exchange Inaugurates Global Advisory Board under Compliance Drive

Binance Exchange has announced the establishment of its Global Advisory Board (GAB) as it looks to deepen its regulatory compliance in the region.

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race

Japan is advancing its plans for a digital yen, with the Bank of Japan set to pilot a CBDC program and the finance ministry preparing an expert panel to address legalities, signaling a significant shift in Japan's traditional cash-centric economy.

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