Tag: $2 Billion
Ripple contests SEC’s US$2 bln fine, suggests US$10 mln
Ripple Labs, the San Francisco payments technology company, has disputed the Securities and Exchange Commission’s (SEC) proposed US$2 billion penalty, labeling it as excessively...
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BitForex exchange halts, US$56 mln outflow sparks exit scam fears
Hong Kong-based cryptocurrency exchange BitForex has abruptly ceased operations, with its website and trading application becoming inaccessible on February 23.The shutdown follows an outflow...
Nium is the Sole Asian Fintech on the Latest Forbes Fintech 50 List – Fintech Singapore
In its ninth annual Fintech 50 list, Forbes has spotlighted its key contributors to the fintech sector, and Singapore-headquartered payments firm Nium has been...
Top Funded Fintech Startups in Indonesia in Early 2024 – Fintech Singapore
Who are the top funded fintech startups in Indonesia as of early 2024? With a rapidly growing economy and a tech-savvy population, Indonesia has...
Southeast Asia: Fintech Holds Strong Despite Tech Investment Pullback – Fintech Singapore
by Fintech News Singapore
February 16, 2024
Aligning with global trends, Southeast Asian tech investments recorded a considerable decline in 2023, influenced by increasing interest rates,...
Who Were The Top Funding Fintech Rounds in 2023 in Southeast Asia Beyond Singapore? – Fintech Singapore
by Fintech News Singapore February 8, 2024 When speaking of the fintech ecosystem, Singapore often receives the...
Hong Kong sees first spot Bitcoin ETF application
Harvest Global has submitted an application for a spot Bitcoin exchange-traded fund (ETF) to the Hong Kong Securities and Futures Commission (SFC), Tencent News...
Here Are The Top 7 Fastest Growing Fintechs in Singapore – Fintech Singapore
by Johanan Devanesan January 25, 2024 In the global financial landscape, Singapore has carved out a niche...
Bitcoin mining’s green mile: 54.5% sustainable energy use
Bitcoin mining has achieved a new sustainability milestone, with 54.5% of its energy consumption now powered by renewable sources, according to the Bitcoin ESG...
Bitfinity valued at US$130 mln ahead of launch
Bitfinity, a Bitcoin layer 2 network, has successfully raised US$7 million in a token round, valuing the company at US$130 million, as it prepares...
Indonesia Hosts Second Highest Number of Fintech Unicorns in Southeast Asia – Fintech Singapore
by Fintech News Indonesia December 18, 2023 Across Southeast Asia, Indonesia is rapidly emerging as a prominent...
ADB, GEAPP, and MAS Aim to Mobilise US$2 Billion for Energy Transition in Asia – Fintech Singapore
The Asian Development Bank (ADB), the Global Energy Alliance for People and Planet (GEAPP), and the Monetary Authority of Singapore (MAS) aim to mobilise...
Rise of Nium to Become a Rare Singaporean Fintech Unicorn – Fintech Singapore
Known for its thriving financial sector and cutting-edge technological prowess, Singapore has seen its share of successful startups. Yet, Nium is one of the...
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