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Largarde brought up during the speech for the need for privacy in the age where customer profiling is becoming increasingly. This new currency and its payment system based on blockchain technology could become an alternative to swift payments. The Status Of Cryptocurrency in Asia by Bountie Gaming The token may be consolidating before heading toward a record us$50,000, which would imply a market value for it of about us$1 trillion, said mike mcglone, commodities strategist with bloomberg. Singapore backed cryptocurrency . Dbs bank, singapore’s largest banks and one of the biggest banks in asia is reportedly planning to launch a cryptocurrency trading exchange that would see support for bitcoin among other crypto tokens. The project was first announced by russian banker vladimir frolov in summer 2015. Singapore will conclude its experiment with blockchain technology and its own digital currency next year before deciding whether to commercialize the trial, the country's regulator...

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