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2024-12-24 11:48:33

Coinbase arm seeks Southeast Asia foothold with baht, peso stablecoins
The crypto giant wants to build up developer teams in Thailand and the Philippines. Transactions with stablecoins backed by local currencies will be the way to mass adoption of blockchain technology in Southeast Asia, said an executive of global cryptocurrency giant Coinbase. At present, Coinbase Exchange has no plans to enter Southeast Asian jurisdictions, but its wallet business as well as...

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2024-12-12 07:54:31

Singapore’s KAST secures $10M in seed round led by HSG, Peak XV Partners
KAST, a Singapore-based financial-technology platform built on stable coins, has raised $10 million in seed funding. The round is led by HongShan Capital Group (HSG) and Peak XV Partners, KAST said in a statement on Wednesday. A number of high-profile angels, partners of DST Global, and Goodwater Capital also joined the round. “For most countries and over half of global gross domestic...

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