Tag: Singapore

Crypto.com Joins Forces With Germany’s Deutsche Bank for Certain Banking Services

Crypto.com, a leading Singaporean digital asset trading platform, has announced a partnership with Deutsche Bank. Deutsche Bank is a German-based multinational investment bank and financial services company. Crypto.com’s corporate banking services will be available for the exchange in Singapore, Australia, and Hong Kong for starters. The crypto company and banking entity intends to expand the …

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BIS and Central Banks Make Waves with Successful CBDC Test in Project Mariana

The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland just recently announced the successful completion of a new CBDC initiative called Project Mariana. This project tested cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs) between financial institutions. As per reports, the novel project leverages the concepts …

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Papua New Guinea PM Orders Probe After OCCRP Report

Former PNG Ports head Fego Kiniafa and his predecessor appeared to have benefited from payments from a Singapore bank account belonging to Don Matheson. The payments came shortly after an global ports operator, Manila-based International Container Terminal Services (ICSTI), paid roughly US$4.35 million toMatheson’s newly established Singapore company. In 2017, ICTSI won lucrative contracts to operate PNG’s …

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