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Global corporates and FIs see digital currency and sustainable finance as key drivers for RMB use- The Asian Banker

Global corporates and FIs see digital currency and sustainable finance as key drivers for RMB use- The Asian Banker

New digital financial infrastructure, new regional free trade agreements, and decisive leadership in the emerging sustainability and green agenda bode well for international RMB adoption. China is driving international RMB adoption for a digital and…

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ICC and BCG propose framework for sustainable trade and trade finance

Back Published on November 11, 2021 283 Views Print ICC and BCG propose framework for sustainable trade and trade finance 5 min read The International Chamber of Commerce (ICC) has published a major report setting…

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GoTo Group raises $1.3 billion ahead of IPO

Back Published on November 11, 2021 298 Views Print GoTo Group raises $1.3 billion ahead of IPO 5 min read 11 November 2021 – Indonesia’s GoTo Group, a merger between Gojek and Tokopedia, has secured…

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Crypto platform Gemini raises $400 million in growth equity funding, valuing it at $7.1 billion

Back Published on November 18, 2021 252 Views Print Crypto platform Gemini raises $400 million in growth equity funding, valuing it at $7.1 billion 5 min read NEW YORK, November 18, 2021– Gemini, a cryptocurrency platform,…

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“Intelligence sharing is critical to manage third-party cyber risks”- The Asian Banker

“Intelligence sharing is critical to manage third-party cyber risks”- The Asian Banker

Several high-profile attacks in the last year have highlighted the risk of cyberattacks on third-party vendors to financial firms, their customers and the financial system. Security principles should be part of a robust and systematic…

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“Open crypto networks are not at the stage to meet high standards of governance, security and resilience”- The Asian Banker

“Open crypto networks are not at the stage to meet high standards of governance, security and resilience”- The Asian Banker

Ravi Menon, managing director of the Monetary Authority of Singapore speaks during the Singapore FinTech Festival 2021 on the future of money, finance and the internet. In his speech at Singapore FinTech Festival 2021, Monetary…

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Digital RMB users surge to 140 million

3 November 2021 – China has increased the number of individuals with digital RMB accounts to 140 million, with 10 million corporate accounts created, according to Mu Changchun, head of the PBOC’s Digital Currency Institute,…

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“We redesigned traditional transaction points into digital business consulting points”- The Asian Banker

“We redesigned traditional transaction points into digital business consulting points”- The Asian Banker

In this Leadership Perspective Series, Nguyen Duc Thach Diem, CEO at Sacombank, discussed how digital transformation creates a resilient organisation and operations, the use of advanced technologies in the digital era and the initiatives to…

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STACS to build blockchain-based registry for ESG certifications and verified data

SINGAPORE, 9 November 2021 – Singapore FinTech company, Hashstacs Pte Ltd (“STACS”)  will be developing an industry-wide blockchain-based Environment, Social, and Governance (ESG) Data and Certification Registry. This is in partnership with the Monetary Authority of Singapore’s (MAS) Project Greenprint. …

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China signals orderly distribution of distressed real estate assets- The Asian Banker

China signals orderly distribution of distressed real estate assets- The Asian Banker

With 41% of China’s $45 trillion in banking assets and 27% of its $30 trillion in loans exposed to the property market, authorities are likely to initiate an orderly distribution of distressed assets of real…

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