Real-time cryptocurrency
news aggregator

Bitcoin in Singapore: New Bitcoin kiosk launched, CoinHako's Singapore bank account has been shut down - e27

Published 1 year ago

Bitcoin in Singapore: New Bitcoin kiosk launched, CoinHako's Singapore bank account has been shut down - e27

e27 via e27.co

Singapore-based Bitcoin startup Bitcoin Exchange has launched its second Bitcoin kiosk, — this time, in Tiong Bahru Plaza, a shopping mall situated in the country’s heartlands. This is the second Bitcoin machine it has launched in the country. It first launched its Bitcoin machine in Citylink mall, before moving it to Hong Lim Complex in Chinatown. Bitcoin buyers receive their Bitcoins by scanning a QR code, which sends the Bitcoins to their Bitcoin wallets. “Our Bitcoin machines offer the fastest access to this new and growing asset class in Singapore. Our machines will also enable the purchase of other crypto-currencies within the next few months,” said Zann Kwan, Executive Director of Bitcoin Exchange, in an official press release. Also Read: ICOs are putting tech media in a bind, and that’s a good thing Now for the bad news: Singapore-based Bitcoin wallet CoinHako has found themselves entangled in regulatory red tape, which has resulted in the closure of its DBS corporate bank account. Account holders can still use their remaining Singapore dollars to purchase Bitcoins or Ether. Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full

Expert speak: The biggest disruption in blockchains and cryptocurrencies is yet to come (Part I) - e27

Examples would be Bitcoin as a currency exchanged without involving a bank, or land records maintained across a network without one central repository, or a new distributed peer-to-peer data storage m ... Read More

NEO—China's Ethereum—is building a smart economy on blockchain - e27

NEO—China’s Ethereum—is building a smart economy on blockchain was written by Masha Borak for Technode. Much like Ethereum, NEO uses a general purpose blockchain and runs smart contracts on it. Also R ... Read More

Captain's Log, September 11: China continues crypto crackdown, Visual Loft raises US$250K, - e27

The crackdown was first reported by Caixin and the news dropped just a few days after China banned the Initial Coin Offering fundraising strategy. Visual Loft is an e-commerce marketplace that helps t ... Read More

Hong Kong fintech startup TNG raises US$115M to invest in blockchain, AI, chatbots and more - e27

Hong Kong fintech startup TNG has raised US$115 million in Series A round led by New Margin Capital, a major Chinese private equity fund which has invested over US$1.7 billion in more than 160 compani ... Read More

Your ultimate guide to launching your own ICO - e27

You should allocate time for: a.) time it takes to market your plans about your product and token sale to token buyers effectively (ex. c.) time you think your token buyers will need (ability) to ple ... Read More