Author: Wei Xiang

  • MAS and SFA invite nominations for 2024 Singapore FinTech Festival FinTech Excellence Awards

    MAS and SFA invite nominations for 2024 Singapore FinTech Festival FinTech Excellence Awards

    A total of eight winners will be announced at the 2024 Singapore FinTech Festival (one winner from each of the five corporate categories and three winners from the individual category). This year, the categories have been redesigned to focus more on outcomes and have added thematic categories. Entries can be submitted in the following categories:… Read more

  • [BitGo] Bitcoin 2024 Nashville Conference Report

    [BitGo] Bitcoin 2024 Nashville Conference Report

    Here are some titles for speeches/discussions: We are now moving towards a new reality where Bitcoin must be considered a strategic asset that nations should accumulate, similar to gold and oil. We have observed that as prices rise, institutional investors’ interest in exchange-traded funds (ETFs) has significantly increased. Ironically, Bitcoin was born out of the… Read more

  • [MAS] Purpose Bound Money: A New Paradigm of Value Transfer 💸🔗

    [MAS] Purpose Bound Money: A New Paradigm of Value Transfer 💸🔗
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    Utility of digital money is on the rise and can exist in multiple forms (central bank digital currencies, stablecoins, tokenized deposits, and liabilities). Those issued on a blockchain offer the promise of programmability and greater functionality in value transfer for end-users. Purpose Bound Money (PBM) 💰, a version of programmable money, may find product market… Read more

  • [KPMG]Global Analysis of Fintech Funding in H1’2024 🌍💰

    [KPMG]Global Analysis of Fintech Funding in H1’2024 🌍💰
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    2024 got off to a challenging start for the fintech market globally, driven by ongoing concerns related to geopolitical uncertainty 🌐 and high interest rates 📈. Total global investment declined from $62.3 billion to $51.9 billion between H2’23 and H1’24 — the lowest six months of fintech investment since H1’20. All regions experienced a noticeable… Read more

  • Coinbase Institutional Market Intelligence: Stablecoins and the New Payment Landscape 💳🌐

    Coinbase Institutional Market Intelligence: Stablecoins and the New Payment Landscape 💳🌐
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    Stablecoins settled $10.8T worth of transactions in 2023, of which $2.3T were related to organic activities including payments and cross-border remittances 🌍💸, among others. We believe stablecoins could be a vital use case for the real economy, leading to further disruption among incumbents in the payments space. Today’s payment giants suffer from major disadvantages, including… Read more

  • [Liquifi] How to Launch a Token: Preparing for Launch

    [Liquifi] How to Launch a Token: Preparing for Launch
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    Editor’s note: “What do I need to know to launch a token?” is one of the most common questions we get from crypto founders, especially given the industry’s dynamic regulatory landscape. To ensure compliance, security, and long-term success for your project, it’s crucial to approach token launches from proper principles, especially during “hot” market periods.… Read more

  • [GRAYSCALE] Public Blockchains and the Tokenization Revolution

    [GRAYSCALE] Public Blockchains and the Tokenization Revolution
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    Tokenization is one of many applications of public blockchain technology. In some cases, where existing “back office” processes are very cumbersome, moving asset administration onto blockchain infrastructure may create immediate efficiency gains. But for many types of assets—e.g., public equities—the current digital infrastructure works reasonably well, and it is not obvious that public blockchains would… Read more

  • [Web3 ACCOUNTANT] Crypto Accounting 101

    [Web3 ACCOUNTANT] Crypto Accounting 101
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    What you can learn from this session: 1 To understand the features of the blockchain 2 Understand the use-cases of the blockchain 3 To briefly understand Bitcoin 4 To briefly understand ETH 5 To briefly understand Stablecoin 6 How is crypto presented on the balance sheet? 7 Should customer crypto asset (held on behalf) be… Read more

  • [Citi GPS] What Machines Can’t Master Human skills to thrive in the age of AI

    [Citi GPS] What Machines Can’t Master Human skills to thrive in the age of AI

    Which human skills will come the fore as artificial intelligence advances? It’s a question that comes up time and again. This report is designed to answer it. Organized into six chapters, we build on the ten reports Citi has published in the last decade on how technology, including AI, will impact the future of work.… Read more

  • [MAS] Money Laundering Risk Assessment Report Singapore 2024

    [MAS] Money Laundering Risk Assessment Report Singapore 2024

    Singapore is committed to working closely with international and domestic stakeholders to prevent, detect, and enforce against ML. As an international business, financial and trading centre, Singapore must remain vigilant to the fast-evolving ML threat landscape and criminal methods and ensure that our AML regime and defences keep pace with these changes. Singapore is therefore… Read more