CRYPTOCURRENCY

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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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GSR Secures Major Payment Institution Licence from Singapore's MAS

GSR, a global cryptocurrency trading firm, has received In-Principle Approval for a Major Payment Institution licence from the Monetary Authority of Singapore (MAS). The approval allows GSR's Singapore subsidiary, GSR Markets Pte. Ltd., to better serve the cryptocurrency community. The news comes a day after Coinbase Singapore announced its full licence, highlighting the competitive yet regulated crypto landscape in Singapore.

by Rebeca Moen
Oct 03, 2023

cryptocurrency

Mastercard Partners with 3 Firms to Launch First Crypto-Linked Payment Cards in Asia Pacific

Mastercard said that it has cooperated with three well-known digital asset companies in the Asia-Pacific region to launch a Mastercard payment card funded by cryptocurrency.

by Annie Li
Nov 09, 2021

CRYPTOCURRENCY

GSR Secures Major Payment Institution Licence from Singapore's MAS

Mastercard Partners with 3 Firms to Launch First Crypto-Linked Payment Cards in Asia Pacific

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