Former Indonesia Stock Exchange Executive Appointed Head of Fintech and Digital Assets Oversight and Innovation by Financial Services Authority
Hasan Fawzi, a former executive of the Indonesia Stock Exchange, has been appointed as the head of fintech and digital assets oversight and innovation by the country's Financial Services Authority (OJK). He will be responsible for supervising technological innovation in the financial sector, digital financial assets, and cryptoassets.
Singapore Dominates Southeast Asia's Crypto Market, Implications for Region
Singapore dominates Southeast Asia's crypto market with a 43.5% market share, positioning itself as a pivotal crypto hub in the region and across Asia. Its reputation as a thriving fintech and innovation center is bolstered by its concentration of crypto interest, attracting startups, exchanges, and investment firms and fostering a vibrant ecosystem.
Mojiolaoluwa Seun Salisu Leading Africa’s Fintech Revolution with Web3 Ecosystem
Mojiolaoluwa Seun Salisu is spearheading the Web3 ecosystem through the Mojiola Blockchain Network in an effort to revolutionize fintech in Africa, marking a significant milestone in the continent's financial landscape.
The Monetary Authority of Singapore Announced the List of Members of the International Technology Advisory Committee, Including Web3.0 Security Team CertiK Lianchuang Gu Ronghui
July 3 (Cointime) - The Monetary Authority of Singapore (MAS) recently announced the latest members of the International Technology Advisory Committee. There are a total of 15 new members this year. In addition to executives from Microsoft, MasterCard, JPMorgan Chase, Amazon, and London Stock Exchange organizations, Professor Gu Ronghui, co-founder of CertiK, a security team in the Web3.0 field, was also invited to join.
Leung Shau Kee, President of the Hong Kong General Chamber of Commerce: Hong Kong Should Establish an International Standard for Virtual Asset Transactions
July 3 (Cointime) -Leung Shau-kee, President of the Hong Kong General Chamber of Commerce, said that Hong Kong should combine the advantages of mainland China in fintech and green finance, and strive to become a global digital finance and green financing center. Hong Kong not only needs to maintain its status as an international financial center, but also needs to fully transform into digital finance. Therefore, Hong Kong should increase investment to catch up with the development of technology in this area, work with the technology industry to build a stronger digital infrastructure, and take the lead in establishing an international virtual asset trading platform. standards, and become a digital financial center.
Andreessen Horowitz chooses London for first international outpost, praising UK's recognition of web3 potential
July 1 (Cointime) - Andreessen Horowitz has announced that it will open its first international office in London, citing the UK government's support for web3. With London already a hub for fintech innovation, the city has the potential to become a center for digital assets and web3 startups.
Early Data on the Second Quarter of 2023 Indicates a Decline in Venture Investment in web3 Startups and Unicorns
June 27 (Cointime) -Early data on the second quarter of 2023 indicates a decline in venture investment in web3 startups and unicorns, with many investors running for cover. The prevailing pessimism is wearing down these once-key pillars of venture volume, despite the fervor that drove investors to throw money at web3 startups during the last venture boom. While firm believers in crypto are holding the line, there has been a decrease in capital and enthusiasm around fintech.
Deputy CEO of Crypto Banking Firm BCB Group Departs Amidst Failed Acquisition Plans
June 23 (Cointime) - Noah Sharp, who was hired by BCB Group a year ago to expand its business internationally, has left the company. BCB Group recently announced that it has abandoned its planned acquisition of Sutor Bank due to regulatory delays and changing market conditions.
Key Takeaways from Johnny Ng's Discussion on Web3 and Virtual Asset Policy in Hong Kong
June 15 (Cointime) - Hong Kong fintech expert Johnny Ng recently shared his key takeaways from discussions and interviews with industry insiders on Web3 and virtual asset policy. The following are the main points of the discussion:
Censo Launches Mobile-Based Self-Custody Crypto Wallet for Institutions and Organizations
FinTech company Censo has released a mobile-based self-custody crypto wallet for institutions and organizations. The wallet offers a decentralized key management solution that is expected to be more accessible and less expensive than existing technologies. Censo's technology does not use MPC, a key-sharding technology often used in institutional crypto custody arenas, making it a cost-effective alternative for organizations who want truly decentralized key management and self-custody. T
