Cheng

Ex-Singapore Parliamentarian’s Swiss Company Launches Swiss Franc and Euro Stablecoins

Singapore investor and former parliamentarian Calvin Cheng's newly rebranded Swiss company, Anchored Coins, was granted membership in the Swiss VQF in early 2023. VQF is the largest and oldest cross-industry self-regulatory organisation in Switzerland and is officially recognised by FINMA, the country's financial services watchdog. Anchored Coins is launching a Swiss Franc-backed stablecoin (ACHF) and a Euro-backed stablecoin (AEUR), and will be issued on the Ethereum and BNB Chain blockchains. DCS Card Centre in Singapore is planning to issue credit cards collateralised by AEUR and ACHF. ZURICH, SWITZERLAND, Aug 16,

GroundUp Studios Launches in Hong Kong to Re-imagine Music & Art in Web3

Music label to establish a borderless community for web3 enthusiasts, musicians and artists to connect, socialize and collaborate on extraordinary multimedia art projects Use of blockchain and NFT technology unleashes artistic creativity; more equitable compensation for artists; and new opportunities in music distribution, licensing Core management team led by award-winning songwriter, recording artist and brand marketing veteran Adrian Fu, alongside seasoned professionals in entertainment, brand partnerships, technology infrastructure and fintech NFT membership access pass planned within 1H 2023 HONG KONG, May 11, 2023 - (ACN Newswire) – GroundUp Studios, a

Dubai Grants Ex-Singapore Parliamentarian Calvin Cheng’s Web3 Company a Virtual Asset License

Ex-Singapore Parliamentarian Calvin Cheng forms the first regulated non-fungible token (NFT) and fan token investment holding company in Dubai. The Dubai Virtual Asset Regulatory Authority (VARA) has granted the company a provisional license to operate under full regulatory supervision alongside Binance, FTX, Crypto.com and Bybit. The holding company, through its portfolio companies AmberX and Celeb X, will offer exclusive membership access to lifestyle and entertainment lounges, and celebrities, via NFT and fan token system. Dubai's seamless integration of cryptocurrency and virtual assets have become increasingly attractive to investors, specifically due