Used car marketplaces need to create additional value for buyers looking to purchase second-hand vehicles, instead of burning cash to acquire new users, expert say.

Singapore ‘super app’ gains 62% in GMV as net loss widens to USD 815 million in Q2.

Binance Asia Services, a standalone business entity of Binance, is allowed to operate in Singapore without a license for now.

Doctor Anywhere’s transactions have grown by up to 400% year-on-year.

The Securities Commission said previously that Binance is operating a “fraudulent scheme” that promises unreasonable returns.

Experts predict the Chinese e-yuan to be available nationwide after the Beijing 2022 Winter Olympics. Across Asia, other nations are also developing their own CBDCs.

Binance faces potentially hefty financial penalties in Thailand, and the company’s staff could be jailed.

Southeast Asia is one of the most rapidly digitalizing regions in the world, with 70% of the region’s population online in 2020, according to the report.