Singapore

Deloitte Survey: Crypto Will Rival or Replace Fiat Within 10 Years

In brief The majority of finance professionals thought that blockchain has a lot of potential in their businesses. But many said there are major obstacles, such as old infrastructure, patchy regulatory frameworks, and glaring cybersecurity risks. Deloitte's annual global blockchain survey has found that 76% of finance professionals think that digital assets “will serve as a strong alternative to, or outright replacement for, fiat currencies in the next 5–10 years.”Deloitte is one of the “Big Four” accounting firms along with KPMG, EY, and PwC. It’s conducted a blockchain survey for

Singapore’s Kris Infotech acquires majority stake in AGS Tek Partners,…

Kris Infotech acquires majority stake in AGS Tek Partners We are thrilled to add AGS Tek Partners into our fold. Their expertise and experience in delivering IT resourcing and training services in the US over many years is immensely valuable and will serve as a launchpad for our own growth plans. SINGAPORE (PRWEB) July 26, 2021 Leading Singapore-headquartered IT consulting and advisory services company Kris Infotech has acquired a 60% stake in the Colorado-based IT consultancy and Staffing company AGS Tek Partners. The acquisition follows Kris Infotech’s strategic roadmap for

What new fintech Nomu Pay gets from Wirecard’s assets

Finch Capital, an Amsterdam-based venture firm, has funded the creation of a payments fintech called Nomu Pay that is being sewn together out of a series of domestic businesses of the failed Wirecard. The VC has brought Peter Burridge in to run the new business. Burridge has a long track record in technology, having served as president of a company called Hyperwallet that he sold to PayPal, among other roles. Burridge is meant to run Nomu Pay from Singapore, but he spoke with DigFin from his native New Zealand, where

Vienna and Singapore stock exchanges embrace Bitcoin and Ethereum

The Vienna Stock Exchange, or Wiener Börse, has become just the third “official regulated market” worldwide to list a Bitcoin (BTC) product. The exchange listed 21 Shares AG’s Bitcoin and Ethereum (ETH) exchange-traded products (ETPs), ‘ABTC’ and ‘AETH’, on September 1.Exciting news today, our #Bitcoin and #Ethereum ETPs — ABTC and AETH are the first crypto-centric ETPs admitted on @wiener_boerse, the Vienna Stock Exchange, one of the most established exchanges in Central, Eastern, and Southeastern Europe! https://t.co/jX3UOnsytA— 21Shares (@21Shares_) September 1, 2020Thomas Rainer, Wiener Börse’s head of development, emphasized that

5 Best Staking Coins to Earn Interest on Crypto

Let’s discuss the best staking coins of 2020 through which you can earn interest on crypto. I am sure you would like to know what is Staking and how you can earn interest from it. What is Staking coins: Staking in simple words means holding cryptocurrencies in a wallet that supports POS (Proof of Stake) consensus for a period of 30 days. After the completion of 30 days on a set date, you are credited with the same crypto as a reward depending on the amount of crypto you were