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December 5, 2017

Securities Commission outlines progress in Digital Market Strategy

Since the announcement of the Securities Commission (SC) Digital Market Strategy, its equity crowd funding (ECF) and peer to peer (P2P) financing platforms have funded 450 campaigns, raising more than US$ 12 mil to meet the financing needs of MSMEs. Money from existing grants will be co-invested...

November 30, 2017

MAS releases new guidelines on ICOs and securities

The MAS "Guide to Digital Token Offerings" describe how tokens are regulated under current securities laws in Singapore. The new guidelines will inform companies which are going to hold their Initial Coin Offerings (ICO) in Singapore and explains, inter alia, when token sales need to be accompanied by prospectus...

November 23, 2017

Block chain retail start-up raises over US$ 4 mil in pre-sale ICO

Pundi X closed its pre-sale Initial Coin Offering (ICO) at US$ 4 mil - raised from 615 investors. The block chain retail startup solves the last mile challenge for cryptocurrency purchases and sales. The company's business builds on the model of cashless payment systems, which enables smart phone...

November 21, 2017

eCurrency enables Indonesia’s first step to digital fiat currency

PayPro Indonesia customers will be able to save and transact using a fully interoperable and secure digital instrument following a new partnership with eCurrency Mint Limited. eCurrency's digital fiat currency (DFC) solution ensures no data manipulation. The solution enables central banks to secur...

November 17, 2017

Co-working space announces Initial Coin Offering (ICO)

Lattice80, owned by a Singaporean private investment firm, will conduct an Initial Coin Offering (ICO) in 2018. The co-working space aims to partner licensed platforms and offer a cryptocurrency exchange, e-payments, a full digital bank and other services. Lattice80 will also build a licensed platform for AP...

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