With 70% of the Southeast Asian population under/unbanked, DeFi solutions have positioned themselves as catalysts for financial transformation.
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Singapore bank DBS uses DeFi to trade FX and state securities
Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore.
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2 metrics signal the $1T crypto market cap support likely won’t hold
Despite the 8.5% weekly rally in cryptocurrencies, the lack of stablecoin premiums in Asia and futures markets activity shows buyers’ lack of confidence.
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Kazakhstan to build central bank digital currency on BNB Chain
Officials in Kazakhstan continue their close relationship with Binance, as the National Bank plans to integrate its CBDC on the BNB Chain.
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Crossing the Crypto Chasm in Southeast Asia
We analyze the crypto landscape in Southeast Asia — detailing findings on adoption rates, barriers to overcome for mainstream adoption and… Continue reading on Medium »
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Kazakhstan among top 3 Bitcoin mining destinations after US and China
The top three countries contributing to the Bitcoin hash rate continue to eat away the share of other players, such as Malaysia, Germany and Iran.
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