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EU Clarifies Crypto is Covered in Sanctions Against Russia, Belarus

The European Union outlined that certain Russian and Belarussian companies and individuals are expelled from trading cryptocurrencies with the EU.

Orbital revolutionises corporate treasury with its innovative platform that combines traditional and cryptocurrencies alike.

Today, Orbital announces the launch of its new platform – an industry-first product that bridges the gap between traditional finance and digital asset treasury solutions, facilitating a regulated, secure, and frictionless experience for multinational corporates who operate on a global scale.

By leveraging cryptocurrencies and stablecoins, Orbital takes treasury solutions into a new era – by dramatically increasing speed of cross border payments and transactions, whilst at the same time substantially reducing costs, fees and hold-ups of the traditional system.

The unique platform is a single point of access to a range of tools needed to run a modern treasury operation, and the nexus that connects the corporate world with the new digital economy. These tools include:

  • Multi-currency accounts (USD, EUR & GBP) 
  • Foreign exchange
  • Global payments
  • Digital asset custody vaults (BTC, ETH, USDC, USDT plus more)
  • OTC trading
  • C2B crypto-commerce payment processing

Adoption of cryptocurrencies has been slow amongst corporates, held back by lack of internal knowledge, differing risk appetite, and mistrust of what can appear to be a daunting field. Orbital solves this by being the first to give parity to traditional financial services and digital assets, and the first to be developed by a trusted and regulated service provider with equal expertise in the world of transactional banking and digital assets.

Built by a team with hundreds of combined years of experience in financial services and payments technology, Orbital provides the quality of service, and strength of security demanded by enterprise businesses.

Commenting on the launch, Orbital CEO Chris Mason said: "In tandem with traditional financial services, digital assets represent the future of commerce. Orbital opens this world up to multinational corporations and enterprise organisations by integrating them seamlessly with their existing treasury operations.”

"Until now, multinationals had been forced to choose their crypto tools piecemeal from a range of providers in a range of territories - and to suffer the long onboarding and inefficient integrations that came with them.”

“Orbital is the solution: a fully-integrated treasury management platform that enables businesses to harness the power of cryptocurrency alongside the very best of traditional financial services."

ABOUT ORBITAL

Orbital is a hybrid fintech and crypto firm, employing over 150 people across ten countries. Powered by its principles of client-first design and exceptional service, alongside its passionate belief in cryptocurrency as an enabler of global business, Orbital is growing at a rate of more than 100% YoY. Headquartered in London, the business is licensed by the Financial Conduct Authority as an authorised payment institution in the UK, and as a virtual currency service provider in Estonia.

BuildTech Asia 2022 Returns with First Physical Exhibition since Covid-19

Singapore, Mar 9, 2022 - (ACN Newswire) - The 11th edition of BuildTech Asia (BTA) 2022 will return in a hybrid format from 15 - 17 March 2022. The leading platform for the building and construction industry in the Asia Pacific region, BTA 2022 is expected to draw more than 10,000 attendees online and in-person, with a physical exhibition - the first to be held in two years - taking place at the Singapore EXPO.


Themed "Connecting The Future of Asia's Built Environment", BTA 2022 will feature more than 120 physical and virtual exhibitors, 44 industry associations and partners from 16 participating countries. After two digital editions in 2020 and 2021, this year's hybrid event is expected to attract strong participation from representatives in key markets such as Malaysia, Australia, India, Indonesia, Cambodia, the Philippines and Korea - all of which have ongoing Vaccinated Travel Lane arrangements with Singapore.

In line with the Construction Industry Transformation Map (ITM) for the built environment sector launched in 2017, the event will focus on helping industry players accelerate the adoption of digitalised solutions and smart technologies in the key segments of building materials, construction machineries, architectural finishes, facilities management and productive technology. Co-located with BTA 2022 are the in-person Facilities Management Conference (FMC) on 15 and 16 March, as well as the hybrid Constructing Our World (CoW) Conference and physical Construction Safety & Health Conference 2022 on 17 March, where over 40 experts including representatives from Autodesk Construction Solutions, Siemens and ST Engineering will be speaking.

BTA 2022 is a Constellar event. Mr Chua Wee Phong, Chief Executive (Markets) for Constellar said: "We are very much looking forward to the regional building and construction industry coming together again, this time in a hybrid manner including the return of the physical exhibition at BTA 2022. As an annual marque event we are privileged to continue playing a pivotal role in helping industry players map out a sustainable business transformation journey, foster new partnerships, and plug into a comprehensive global network of industry experts and peers."

Guest-of-Honour Mr. Tan Kiat How, Minister of State, Ministry of Communications and Information & Ministry of National Development, will kick off the event with a launch of the physical exhibition of BTA 2022 at the Singapore EXPO as well as an opening address at FMC 2022. Also happening on opening day are the signing of a Memorandum of Understanding (MoU) between Constellar and MMI Asia to jointly develop a future event focusing on smart, efficient and green building technologies; and a second MoU between Singapore Institute of Building Limited (SIBL) and Royal Institution of Chartered Surveyors (RICS) pledging greater collaboration for the benefit of its members.

On the physical exhibition floor, visitors can view demonstrations of the latest automated equipment and machinery, join Sandbox sessions designed to address challenges and ideate solutions, and visit over 80 physical showcases featuring new technological developments including charging stations for electric cars by Kyo Ei Denko, which will have a Tesla Model 3 on-site for demonstration, and construction project management tool Finalcad One, which helps teams collaborate and monitor field information in real time to enhance the safety and productivity of worksites.

At the centre of the exhibition space, the Smart Innovation Pavilion will showcase the latest digitalised solutions and smart technologies, featuring exhibitors such as Autodesk with its state-of-the-art Building Information Modeling (BIM) software, also widely known as the industry standard in Singapore; other highlights include a Smart Toilet System by Convergent Smart Technologies, a maintenance free technology that employs a people density counter and ammonia sensor to improve cleaning productivity, as well as the Thouzer robotic weight-bearing cart by Doog International, the only collaborative autonomous robotic solution with affordable pricing in the market.

Convening industry leaders to chart the path forward

To meet rising construction demand in a post-pandemic world, industry players are coming together at BTA 2022 to find solutions that will accelerate their digital transformation and help them boost productivity from conception and design-build, to operation and maintenance.
To that effect, the 5th edition of FMC will provide new perspectives on facilities management post COVID-19. The 2-day conference will focus on innovations for a sustainable and smart built environment, supporting the Building and Construction Authority's push for more FM teams to adopt advanced technologies that can help to increase productivity and foster better sustainability outcomes. Dr. Teo Ho Pin, a former Member of Parliament and Mayor, will deliver the keynote address on 15 March 2022 about the evolution of facilities management for a complex future.

The CoW Conference 2022 will address key issues pertaining to climate change, sustainability, innovation and human development within the construction sector. Themed "Pivoting towards a Greater Resilience", the conference aims to catalyse conversation around the globe on topics such as the education and training required to groom the builders of the future and strategies in keeping up with the demands of new technology. Mr. Chee Hong Tat, NTUC Deputy Secretary-General, will be giving the opening remarks as the Guest-of-Honour of the conference.

Top decision-makers and industry leaders from the built environment sector will also be gathering at the invite-only Industry Transformation Roundtable on the first day of BTA 2022. On the third day of the event, physical attendees can join the free Construction Safety & Health Conference 2022, held at the Singapore EXPO & MAX Atria, focusing on how the pandemic is shaping safety and health in the construction sector.

The digital platform for BTA 2022 will also provide enhanced networking opportunities and improved business matching features to help forge stronger connections between industry professionals, thought leaders, delegates and exhibitors around the region.

SIBL is the organiser of CoW and co-organiser of FMC with Constellar. SIBL President Dr Sussie Ketit, said: "Singapore Institute of Building Limited (SIBL) is pleased to co-present the hybrid edition of BTA 2022 with Constellar. This event comes at an important time to facilitate industry growth, providing a platform for built environment professionals to discover new innovations and collaborative opportunities that will help them grow more resilient against disruptions in the future."

Registration is still open at https://bit.ly/3d9sQL7

For more information, please visit www.buildtechasia.com or follow our social media channels for live updates to the event: LinkedIn @BuildTechAsia, Facebook @buildtechforasia, Instagram @buildtechasia_official, Youtube @BuildtechAsia

About BuildTech Asia

BuildTech Asia is the Asia Pacific premier platform for the built environment sector which showcases the latest smart solutions and productive technologies across the entire building life-cycle. With international and regional brands showcasing the most comprehensive exhibiting profile such as onsite construction machinery & equipment, building materials & solutions, architectural & quality finishes, productive technologies, facilities management, and infrastructure solutions to help accelerate the built environment sector to build faster and smarter. The annual event provides a gateway into Asia to network with a wide range of practitioners, technology experts, industry players, developers, agents, and distributors in the building and construction industry.

About Constellar

Constellar connects a global eco-system of event partners and consumers through a holistic portfolio of intellectual property (IP) in the Meetings, Incentives, Conventions and Exhibitions (MICE) industry.

As Asia's partner of reference for curating innovative event and venue experiences, Constellar activates impactful networks to bring global markets, businesses and consumers together for sustainable growth. With our expertise and dedication, we are invested in helping you build trusted relationships with stakeholders for the long term and enabling cross-industry collaboration through world-class audience engagement solutions.

Constellar is headquartered in Singapore. Founded in 2021, it brings together decades of experience with an intrepid team of experience specialists around the world. Visit www.constellar.co for more information.

Issued by Constellar

For media enquiries and interview requests, please contact:

Dax Lim Manager, Content & Communications Constellar Group Pte Ltd
Tel: +65 9109 6133 Email: [email protected]

Constellar Communications
Email: [email protected]

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThe 11th edition of BuildTech Asia (BTA) 2022 will return in a hybrid format from 15 - 17 March 2022.

Onfido Brings its Identity Verification and Authentication Technology to Tesco Bank

Identity verification specialist Onfido has teamed up with U.K.-based retail bank Tesco Bank to enhance security of Tesco’s Clubcard Pay+ new account opening process. Tesco made its Clubcard Pay+ offering available to all of its 20 million Clubcard members, following a phased launch that began in March of last year. Onfido made its Finovate debut Read more...

The post Onfido Brings its Identity Verification and Authentication Technology to Tesco Bank appeared first on Finovate.

FTX Crypto Exchange Announced Expansion Into Europe: Report

The FTX Crypto exchange annoucned expansion into Europe following the approval from the financial regulator in Cyprus, but let’s find out more about it in our latest cryptocurrency news today. FTX will be able to service European customers now after the FTX crypto exchange announced the expansion in Europe and finally made it possible. Following […]

Ukrainian CERT Warns Citizens of Phishing Attacks Using Compromised Accounts

Ukraine's Computer Emergency Response Team (CERT-UA) warned of new phishing attacks aimed at its citizens by leveraging compromised email accounts belonging to three different Indian entities with the goal of compromising their inboxes and stealing sensitive information. The agency cautioned that the emails arrive with the subject line "Увага" (meaning "Attention") and claim to be from a

Visa and Mastercard Suspend Operations in Russia as Part of Sanctions Over Ukraine

Visa and Mastercard Suspend Operations in Russia as Part of Sanctions Over UkraineThe world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation although Russians will be able to use their cards inside the country. Card Payment Giants Visa and Mastercard Add to Pressure on Russia Over Ukraine […]

IMF Warns Ongoing War in Europe Will Have a ‘Severe Impact on the Global Economy’

IMF Warns Ongoing War in Europe Will Have a 'Severe Impact on the Global Economy'In a report published on Saturday, the International Monetary Fund (IMF) has warned that an ongoing war in Europe and associated sanctions will have a “severe impact on the global economy.” The IMF’s report says there is “extraordinary uncertainty” in the air, and the international financial institution believes “economic consequences are already very serious.” IMF’s […]

Collaboration between banks and fintechs can bring faster speeds to the international payments space

Collaboration has driven considerable innovation in the international payments market in recent years.

Turkey’s Ankara University Introduces NFT Course

Turkey’s Ankara University Introduces NFT Course

Since the adoption of cryptocurrencies is growing exponentially, several users intend to learn and understand the concept of the crypto

The post has appeared first on thenewscrypto.com

Russia Turns to China’s UnionPay System Amid Visa and Mastercard Departures

After receiving multiple sanctions against its financial system following the war against Ukraine, Russia has found an alternative.

Ex-Goldman Exec on Why Majority of His Portfolio Is in Ethereum Instead of Bitcoin

In a recent interview, former Goldman Sachs executive Raoul Pal explained why despite being “very bullish” on Bitcoin at first, he later came to the conclusion that Ethereum would outperform Bitcoin. Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund in London for global asset management firm […]

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