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Exclusive: Broctagon Fintech Group Secures Labuan Money Broking License


Broctagon Fintech Group, a multi-asset liquidity provider, announced that the company has secured Labuan Money Broker License. The new license has enabled Broctagon to offer regulated bank-grade FX liquidity to different clients.
According to the press release exclusively shared with Finance Magnates, the company is planning to expand its presence in Asia due to a surge in demand for its services. Additionally, Broctagon highlighted the recent appointment of Cecilia Chan as part of the company’s expansion plan in Asia.
Earlier this year, Cecilia Chan, Singapore Exchange’s former VP, joined Broctagon Executive Director and Head of FX. The liquidity provider mentioned that it is planning to take advantage of Chan’s experience for the expansion of Broctagon Prime Markets across the region. ....

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Labuan IBFC, five blockchain bodies to form consortium | Daily Express Online


Published on: Friday, April 23, 2021
By: Bernama
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LABUAN: The Labuan International Business and Financial Centre (Labuan IBFC) and five blockchain bodies from Southeast Asia and Australia have signed a memorandum of understanding (MoU) to form the Asean Blockchain Consortium that aims to foster and strengthen cross-border relationships in promoting blockchain technology.
The bodies are Asosiasi Blockchain Indonesia (ABI), Blockchain Association Singapore (BAS), Distributed Ledger Technology Association of the Philippines (DLTAP), Thailand Digital Asset Operators Trade Association (TDO), and Blockchain Australia (BA).
In a statement Thursday, Labuan IBFC said the MoU marked the first collaboration between blockchain organisations across Asean and Australia to drive blockchain education, share knowledge on digital assets development, and promote adoption of blockchain technology across Asean and Australia. ....

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Labuan IBFC partners with five associations to form Asean blockchain consortium | Money


Thursday, 22 Apr 2021 05:06 PM MYT
LABUAN, April 22 The Labuan International Business and Financial Centre (Labuan IBFC) and five blockchain bodies from South-east Asia and Australia have signed a memorandum of understanding (MoU) to form the Asean Blockchain Consortium that aims to foster and strengthen cross-border relationships in promoting blockchain technology.
The bodies are Asosiasi Blockchain Indonesia (ABI), Blockchain Association Singapore (BAS), Distributed Ledger Technology Association of the Philippines (DLTAP), Thailand Digital Asset Operators Trade Association (TDO), and Blockchain Australia (BA).
In a statement today, Labuan IBFC said the MoU marked the first collaboration between blockchain organisations across Asean and Australia to drive blockchain education, share knowledge on digital assets development, and promote adoption of blockchain technology across Asean and Australia. ....

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