Tag: Assets

Retail Asia06/04/2022
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3min0
Many central banks have or plan to launch digital central bank money. A PwC study looks at the winners and losers. A study from PwC released Monday analyzing central banks’ level of maturity and development of their digital currencies (CBDCs), shows that Nigeria’s eNaira scores high in retail models, with Thailand the frontrunner among wholesale […]

Retail Asia21/03/2022
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5min0
Russia’s largest bank has been approved by the Bank of Russia to issue digital financial assets on its platform starting a month from now. Sberbank received regulatory approval to start issuing digital financial assets (DFAs), Russia’s largest bank announced in a statement Thursday. It has been included in the list of information system operators issuing digital […]

Retail Asia04/02/2022
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1min0
The Swiss Bitcoin Association recommends the first technical standards for simplified payment verification (SPV) using digital currencies, eliminating the need to download entire the blockchain for transactions. Switzerland’s Bitcoin SV Technical Standards Committee today recommended its first digital currency standard for simplified payment verification (SPV), enabling transactions to occur without having to download the entire blockchain. This standardized […]

Retail Asia06/07/2021
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1min0
ZA International has established a partnership with BC Technology Group which operates the city’s only licensed digital asset platform. ZA International and BC Technology Group have entered into a mutual collaboration agreement, according to a statement. ZA will use BC Technology Group as its exclusive digital asset trading partner via its Hong Kong-licensed digital asset […]

Retail Asia16/06/2021
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2min0
The country’s finance regulator is banning licensed digital asset exchanges from trading meme coins, fan-based tokens, NFTs and social coins as part of its ongoing regulatory action against crypto trading. The Thai Securities and Exchange Commission (SEC) is prohibiting exchanges in the country from providing services related to utility tokens or cryptocurrencies to ensure customer protection and […]

Retail Asia16/06/2021
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2min0
The country’s finance regulator is banning licensed digital asset exchanges from trading meme coins, fan-based tokens, NFTs, and social coins as part of its ongoing regulatory action against crypto trading. The Thai Securities and Exchange Commission (SEC) is prohibiting exchanges in the country from providing services related to utility tokens or cryptocurrencies to ensure customer protection […]

Retail Asia10/05/2021
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6min0
Powered by 5G, eSIM or embedded subscriber identity module is a rising technology that is threatening to replace traditional SIM cards. With 5G revolutionizing connectivity, eSIM emerges as a seamless way to harness greater connectivity between a future of billions of IoT devices. Instead of relying on physical SIM cards, eSIM is the embedded alternative […]

Retail Asia04/03/2021
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2min0
The blue chip-focused Singapore sovereign wealth fund has invested in a crypto bank, in a signal that digital assets are here to stay. In an announcement on its blog last week, U.S.-based digital asset bank Anchorage said it raised $80 million in a Series C funding round led by GIC. Joining the sovereign wealth fund […]

Retail Asia04/02/2021
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3min0
UBS maintains momentum in sustainable investments, registering strong asset growth across its asset and wealth management divisions as a result of both market performance and new client demand. In 2020, UBS’s global wealth arm saw assets in sustainable portfolios (those defined as 100 percent invested with the consideration of environmental, social and governance (ESG) factors) […]

Retail Asia31/12/2018
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1min0
Petroliam Nasional Bhd (Petronas), through its subsidiary, PC Oman Ventures Ltd (PCOVL) has acquired a 10% stake in Block 61, onshore Oman from Makarim Gas Development LLC (MGD), after the conditions for the completion of the transaction were fulfilled. MGD is a subsidiary of Oman Oil Company Exploration & Production LLC. Petronas said the completion […]

Retail Asia30/05/2017
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2min
The Vanguard Group, which had $4.2trn in assets under management as of 3 March this year, will set up in the Shanghai Free Trade Zone under China’s Wholly Foreign-Owned Enterprise (WFOE) scheme as Vanguard Investment Management (Shanghai) Ltd. The new operation will be located in the Shanghai World Financial Center and plans to carry out […]

Retail Asia14/10/2015
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3min
Capital Group and Seoul-based Samsung Asset Management on Wednesday announced a strategic partnership to cooperate on developing active investment strategies for institutional and retail investors in Korea. Capital Group, with $1.4 trillion in assets under management, and Samsung Asset Management, Korea’s top manager with $166 billion in AUM, “will work together to co-develop retirement solutions […]


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