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Asean News Headlines at 10pm on Sunday (Dec 5)
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Sunday (Dec 5)
Singapore suspends crypto exchange in dispute with Korean superstar group BTS, reports Financial Times
Singapore’s regulator has suspended Bitget, a crypto exchange that got into a dispute after promoting the digital currency Army Coin, named after the South Korean boy band BTS’s followers, the Financial Times reported.
Crypto catfishing: When online dating turns into Bitcoin scam
A new type of scam gaining popularity on online dating apps involves con artists convincing people to invest into cryptocurrencies through bogus websites that will swipe the victim's cash.
PayPal says 'buy now, pay later' volumes surged 400% on Black Friday
LONDON (Reuters) - Volumes on PayPal Inc's 'buy now, pay later' platform were five times higher this Black Friday compared with a year earlier as the payments giant starts to gain traction in the fast-growing credit method, the company's chief executive told the Reuters Next conference.
Elizabeth Warren grills New York bitcoin miner on climate
US Senator Elizabeth Warren grills a Bitcoin miner on the energy waste of cryptocurrency mining, in a first such move against a miner, as environmentalist ramp pressure against the industry.
Metaverse won't be turning point in cryptocurrency adoption, investor Chesnais says
WASHINGTON (Reuters) - The growth of online virtual worlds will help advance the mainstream adoption of cryptocurrencies for payment transactions but it won't be a game-changer, according to Frédéric Chesnais, chief executive of French fintech company Crypto Blockchain Industries.
US payments firm Square gets new corporate name: Block
Digital payments firm Square, which was co-founded and is still led by former Twitter chief Jack Dorsey, on Dec 1 changed its corporate name to Block as it expands into cryptocurrency and other financial technology tools.
Tech 2022 trends: Meatless meat, Web 3.0, Big Tech battles
After a year that made the terms WFH (work from home) and metaverse instantly recognisable for many people, there are a new set of technological trends headed this way for 2022.
Dorsey-led Square rebrands to Block in nod to blockchain
(Reuters) -Square Inc, the payments company led by Twitter Inc co-founder Jack Dorsey, said on Wednesday it was changing its name to Block Inc, as it looks to expand beyond its payment business and into new technologies like blockchain.
Crypto can bring about financial inclusion, Infosys chair says
MUMBAI (Reuters) -Crypto assets are worth considering and can be used to bring about more financial inclusion, Nandan Nilekani, chairman of software services exporter Infosys , said at the Reuters Next Conference https://reutersevents.com/events/next on Wednesday.
