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MAS Commits S$220 Million Over Three Years to Boost Singapore's FinTech Innovation
The commitment, made under the renewed Financial Sector Technology and Innovation Scheme (FSTI 4.0), aims to strengthen Singapore’s FinTech ecosystem and accelerate innovation and technology adoption across the financial sector.
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Previous: Bitcoin held steady below $78,000 as August drew to a close, while the Japanese Yen broke past 160 against the US Dollar, as Federal Reserve rate hike expectations bolstered the greenback.
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Next: SK Hynix is reportedly evaluating a joint venture to build a memory chip plant in Japan to address AI-driven demand growth.
24H Trending
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Goldman Sachs: U.S. Equity Market Sentiment Is Depressed, But Three Major Buying Forces Are Set to Return
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The KOSPI plunged 7.57% to close at 5554.22 points, triggering circuit breakers. Foreign investors net sold $3.6 billion in a single day.
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AI supply chain credit cracks spark market concerns, 10-year US Treasury yield falls to 5.09%, a three-week low.
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The Office of the Comptroller of the Currency (OCC) investigation found that nine large banks restricted crypto accounts, but new rules will limit regulators from pressuring banks citing "reputational risk."
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TSMC's Q4 revenue guidance exceeded expectations by 6% to $53.3 billion, with a full-year growth forecast raised to 44%, and consideration for further expansion in the US.
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Goldman Sachs warns the AI industry faces a funding bottleneck, with cloud giants potentially needing to issue $400 billion in debt next year.
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The KOSPI fell 7.57% on Thursday, closing at 5,554.22 points.
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Ethereum co-founder Vitalik Buterin: The zkEVM speed war has been won, focus should shift to security
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Musk retweeted a post stating that China will produce a large amount of RAM in 2028.
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Lookonchain: ETH could drop further to $2,300.86 and $2,289.78, potentially liquidating a whale's $187.21M long position
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