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IAMAI to Host World’s Largest Virtual Global Fintech Fest

IAMAI to Host World’s Largest Virtual Global Fintech Fest

New Delhi, 01st July 2020: Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising the two-day virtual Global FinTech Festival on 22-23 July 2020.

BCB Blockchain Collaborates with Philippine Government to Support Local Startups

BCB Blockchain Collaborates with Philippine Government to Support Local Startups

BCB Blockchain, a Singapore-based technology firm agreed to join hands with the government of the Philippines to support the development of local startups through creating smart city projects and applications making use of their funds and blockchain protocol.

iSunOne-MPC Partnership to Develop First-Ever Islamic Financial Blockchain System in Malaysia

iSunOne-MPC Partnership to Develop First-Ever Islamic Financial Blockchain System in Malaysia

A collaboration between MPC and iSunOne is set to revolutionize the Islamic financial structure with blockchain technology.

Fifth Belt and Road Summit opens today

Fifth Belt and Road Summit opens today

The fifth Belt and Road Summit, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), opened today. The two-day event (30 November and 1 December) is being held online this year with a new virtual platform that includes plenary sessions, one-to-one business matching meetings, project pitching sessions and a virtual exhibition, bringing together some 80 ministerial officials and business leaders from countries and regions along and beyond the Belt and Road. The event attracted an audience of more than 6,000 from some 80 countries and regions.

China's Shenzhen Special Economic Zone Now Supports Digital Currency Research

China's Shenzhen Special Economic Zone Now Supports Digital Currency Research

The Central Committee of the Communist Party of China recently announced that the Shenzhen special economic zone would be supporting research and the promotion of digital currencies.

MakerDAO May Onboard USDC as DAI Collateral Support to Combat Mounting Liquidity Risk

MakerDAO May Onboard USDC as DAI Collateral Support to Combat Mounting Liquidity Risk

The share plunge of the cryptocurrency market has severely hit MakerDAO, the leader in the decentralized finance (DeFi) ecosystem. Last week its market value fell sharply from 889M to $246M which brought together Maker’s developer community who have recently discussed adding support for Circle’s USDC as collateral to hedge against the liquidity risk.

Vodafone Follows PayPal and Visa to Leave Facebook's Libra Association

Vodafone Follows PayPal and Visa to Leave Facebook's Libra Association

Maybe what Facebook is not doing right that costs it to lose founding partners? Breaking news shows that Facebook’s Libra has lost another member of its council. This time round, Vodafone has confirmed to have left Libra Association.

Klaytn Adds Huobi to Growing Blockchain Governance Council

Klaytn Adds Huobi to Growing Blockchain Governance Council

Klaytn has announced that Huobi has signed on as the latest member of its Governance Council for South Korean internet giant Kakao’s public blockchain project.

Shopify Becomes Member of the Libra Association

Shopify Becomes Member of the Libra Association

Canadian-based e-commerce giant Shopify has announced it will become the latest member of the Libra Association's governing council.

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

China Zheshang Bank, based in Zhejiang province has leveraged blockchain technology to issue the country’s first asset-backed commercial paper in the Chinese financial market. China Zheshang Bank successfully issued the “Lianxin 2020 Lianjie First Phase Asset-backed Commercial Paper,” which was worth 120 billion yuan ($16.93 billion). The asset-backed commercial paper (ABCP) was issued as a part of the National Association of Financial Market Institutional Investors’ (NAFMII) pilot project. ABCPs are short-term investments issued by financial institutions to support companies in their short-term goals.

BlackRock CEO Larry Fink Says Bitcoin Can Evolve Into Global Asset and Impact Dollar

BlackRock CEO Larry Fink Says Bitcoin Can Evolve Into Global Asset and Impact Dollar

Larry Fink, CEO of BlackRock the world's largest asset manager with $7.4 trillion assets under management, says Bitcoin can evolve into a global asset and impact the US dollar.

World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

Sygnum has been granted approval by the Monetary Authority of Singapore (MAS) to operate digital markets/banking services in the country

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