DBS Bank has made groundbreaking strides in using blockchain technology to streamline the disbursement of government grants in Singapore. During the Singapore Fintech Festival 2023, DBS, in collaboration with Enterprise Singapore and the Singapore Fintech Association, piloted a blockchain-based
State Street, one of the world's largest custody banks, has made a strategic decision that could shape the future of financial assets. By opting to prioritize the tokenization of traditional assets over direct cryptocurrency custody, the bank navigates a complex regulatory landscape while
Bitcoin, once seen solely as a store of value or "digital gold," is undergoing a profound transformation within the decentralized finance (DeFi) ecosystem. The recent introduction of FBTC, an omnichain Bitcoin asset, marks a pivotal point in this evolution. FBTC has crossed the
State Street, one of the world's largest custody banks, managing a staggering $44.3 trillion in assets, is making a significant strategic shift towards the tokenization of traditional assets. This move comes amidst growing regulatory challenges in the U.S., particularly in the realm of
In today's constantly evolving financial landscape, advanced technologies are fundamentally reshaping the way financial services operate. These innovations are not just enhancing services but are also creating new opportunities for growth and transformation. From artificial intelligence (AI)
The collaboration between Mastercard and Scale signifies a pivotal moment for the fintech landscape in Africa and the Middle East. This strategic partnership aims to address the substantial gap in digital and financial inclusion across these regions, fostering innovation and seamless market entry
