Hong Kong Leads Asia’s Crypto Regulatory Evolution in 2023
Aside from Hong Kong, another country that has contributed significantly to the growth of the Asian crypto economy is Singapore.
Aside from Hong Kong, another country that has contributed significantly to the growth of the Asian crypto economy is Singapore.
According to the Binance report, the crypto market saw declines across the board in Q3, as fundraising and developer activities tanked.
Circle co-founder and CEO Jeremy Allaire expressed delight at seeing major Web2 companies integrating blockchain technology.
Analysts expect that the Vision Fund investment arm of SoftBank Group turned a profit and might announce as much in its upcoming report.
Despite expressing positive revenue projections for 2023 and accelerating its profitability timeline in February, Grab is now planning a fresh round of layoffs.
With its impressive performance for both the fourth quarter and the full fiscal year, Grab has shared a positive projection for the current quarter and for 2023.
Grab CEO and co-founder Anthony Tan noted that the company has been making intense efforts to improve its profitability.
GXS is currently allowed to serve retail and corporate clients and is now adding a savings account that does not require a minimum sum, as traditional lenders do, alongside interest that will be earned daily.
Southeast Asian ride-hailing giant Grab saw its SPAC-directed IPO debut plunge on first day of trading on the NASDAQ, to less than $9.
On the 12th of April, Grab completed a SPAC merger with Altimeter Growth Corp. The merger generated almost $40 billion.