The Singapore government is looking to boost blockchain development in an effort to improve financial inclusion across Southeast Asian countries.
CoinDesk
Jason Butcher Joins Advisory Board of Xinfin, the Singapore Based Fastest Growing Blockchain Technology Company
XINFIN, a Blockchain Technology firm for global trade and finance, announced today the appointment of Jason Butcher to its advisory board. Jason Butcher is a renowned name in the field of blockchain technology, serving as the COO of CoinPayments and a bunch of related businesses.
Singapore—Feb 24, 2018—Singapore based Blockchain Technology Company today announced the appointment of Jason Butcher as an independent advisor of the firm, effective immediately. Mr. Butcher who is a serial entrepreneur and COO of CoinPayments will serve as an advisor and will help XinFin with his meaningful insights and invaluable knowledge of the legal landscape of blockchain technology and cryptocurrency markets.
PR: Jason Butcher Joins Advisory Board of Xinfin, the Singapore Based Fastest Growing Blockchain Technology Company
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XINFIN, a Blockchain Technology firm for global trade and finance, announced today the appointment of Jason Butcher to its advisory board. Jason Butcher is a renowned name in the field of blockchain technology, serving as the COO of CoinPayments and a bunch of related businesses.
Singapore Sees No Reason to Ban Cryptocurrency Trading
Singapore doesn’t view Bitcoin as a threat and claims there is no reason to ban cryptocurrency trading within the city-state.
Why so Serious?
As China steps up its efforts to eradicate Bitcoin buying and cryptocurrency trading from within its borders, Singapore sees no reason to ban “experimental” cryptocurrency trading in the city-state.
The news comes after an extensive review from Singapore’s central bank, who has been conducting studies on cryptocurrencies and their potential risks. Deputy Prime Minister Tharman Shanmugaratnam says:
Zach Piester: Singapore Has Become a Hub for ICOs
Zach Piester, a co-founder of Intrepid Ventures, works in Central Asia and refers this part of the world to a center of the universe for him and his colleagues.
During the interview with the media office of Blockchain & Bitcoin Conference Philippines, he described the region in terms of the growth of blockchain companies there and revealed why investments in cryptocurrencies and blockchain would be a prerogative of major investors soon.
Interviewer: Blockchain & Bitcoin Conference Philippines (BCP)
Speaker: Zach Piester (ZP)
BCP: Mr. Piester, as a leading venture investor, what do you think about cryptocurrency investments? How risky and profitable is this asset?
Singapore Bitcoin ATMs Sold Out, Trading Still Allowed
When markets are volatile and crashes occur, the majority of people are cashing out and taking profits or panic selling. There are some, however, who see opportunity in the sea of red and buy up at lower prices. This is exactly what has been happening in Singapore this week when Bitcoin ATM machines ran dry.
According to reports, Bitcoin machines in downtown Singapore sold out of the virtual currency yesterday as prices plummeted below $ 10,000 for the first time since the end of November.
Singapore Won’t Be Part of the State-controlled Crypto Movement
Even though many countries are interested in, and indeed are pursuing, the creation of national state-run virtual currencies, Singapore isn’t one of them.
The digital currency revolution is here, and it’s not just reserved for Bitcoin and other decentralized cryptocurrencies. More and more countries are exploring the benefits of having a cashless society.
Sweden has previously voiced their desire to investigate the development of an e-krona, Israel is looking into creating a digital shekel, while Russia could soon develop their CryptoRuble. Venezuela also seems to be well on its way to issuing their Petro, even though the legality thereof is up for discussion.
Ring In the New Year for a Bitcoin with Singapore Bar Party Package
Skyline, a bar in Singapore, is offering a party package for celebrating New Year’s Eve that costs a single Bitcoin.
We’re getting closer and closer to watching the ball drop in Time’s Square, heralding the end of 2017 and ushering in 2018. Around the world, people will be celebrating with friends and families, probably while singing an off-key version of Auld Lang Syne. Crypto enthusiasts will remember 2017 as the year that Bitcoin and other cryptocurrencies exploded and became a part of the public consciousness. If you really want to ring in the New Year with a crypto bang, you could sign up for the Bitcoin Baller Package being sold by Skyline, a popular bar in Singapore. The cost? A single bitcoin.
Singapore Banks Close Accounts / AMD & Nvidia Nervous😬 About Mining / ECB Has No Power Over Bitcoin
**On today’s episode of The Cryptoverse:**
1. Bitcoin Businesses Face Bank Account Closures in Singapore
2. https://www.coindesk.com/like-not-public-companies-feeling-crypto-mining-boom/
3. https://www.coindesk.com/mario-draghi-european-central-bank-has-no-power-to-regulate-bitcoin/
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News from the Asian front: BTC Bullion Trader Goes To Singapore.
The current CEO from Bullionstar.com,Torgny Persson is trying to get a branch of their company located to Singapore.”Singapore is the perfect place to sell and store precious metals thanks to its stable government and friendly tax environment” says the CEO.
Now who is Torgny Persson? He started the Swedish bullion dealer LibertySilver.se in 2008 and Estonian LibertySilver.ee in 2011. “ I decided to move to Singapore after discovering the government there was removing GST (goods and services tax) on precious metals in 2012. Rather than increasing red tape and discouraging bullion investment like other countries” said Torgny Persson in an interview with us.