Search

Nalezeno "Mas": 184

Central Banks Propose CBDC, Stablecoin Standards With Amazon, Grab Running Trials

21.6.2023
The Monetary Authority of Singapore (MAS), in collaboration with the IMF and other central banks, is proposing common conditions for retail payments with digital money on a distributed ledger

Singapore MAS proposes digital money standards with major industry players

21.6.2023
The Monetary Authority of Singapore, with input from major tech giants, released a whitepaper on the standards for digital money usage such as CBDCs and stablecoins

NY Fed and MAS publish joint CBDC cross-border payment project results

19.5.2023
The researchers built on their separate projects to demonstrate cross-border payments using illiquid currencies with an intermediate “vehicle” currency

Singapore Working With Banks to Provide Guidance on Crypto Businesses: Bloomberg

6.4.2023
Singapore's central bank and police authorities have been helping banks to set uniform standards for fine-tuning their vetting approach when opening crypto accounts

Binance's Custody Arm Ceffu Will Apply For Singapore License: Report

2.3.2023
Binance rebranded its custody arm to Ceffu earlier this month

Singapore Regulator Advocates ‘One Regulatory System’ for Crypto and Traditional Finance

24.1.2023
Singapore’s senior minister and the chairman of the central bank, the Monetary Authority of Singapore (MAS), says there should be just “one regulatory system” for both crypto and traditional finance. In addition, he stressed that regulators should provide “ultra clarity...

Singapore’s lobbyists oppose proposed blanket ban on lending crypto tokens

6.1.2023
The feedback was given in response to a proposed ban by the Monetary Authority of Singapore published back in October

Singapore Regulator Explains Action Against Binance vs FTX — Warns Even Licensed Crypto Exchanges Can Fail

26.11.2022
The Monetary Authority of Singapore (MAS), the regulator overseeing the crypto sector, has defended the action it took against crypto exchange Binance and not the collapsed crypto platform FTX. The central bank also warned that cryptocurrencies are “highly volatile and many of them have lost...

There Was No Cause to Add FTX to Investor Alert List Before Collapse, Singapore's MAS Says

14.11.2022
The Monetary Authority of Singapore said it was not possible to prevent Singapore users from directly accessing overseas service providers, and warned regulations don’t protect against risky speculative trades

New York Fed collaborates with Singapore MAS to explore CBDCs

11.11.2022
A joint effort is aimed at assessing the possible use of wholesale central bank digital currencies in cross-border transactions

Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report

6.11.2022
Cryptocurrency exchange Bybit has no intention to introduce restrictions for Russian traders, despite a recent reminder by the Monetary Authority of Singapore (MAS) about the obligations of crypto providers in that respect. According to a crypto media report, the platform shared its position...

JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain

4.11.2022
JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials under the supervision of the Monetary Authority of Singapore (MAS). Singapore’s central bank...

Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says

3.11.2022
The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine. The reminder comes after researchers established that pro-Russia activists have raised millions of dollars in digital...

Singapore's MAS Starts Wholesale CBDC Project With French and Swiss Central Banks

3.11.2022
The project comes a day after the central bank announced new projects aimed at trade finance and wealth management

Singapore’s MAS says no urgent case for retail CBDC, but launches 4 fast trials of it

31.10.2022
The Monetary Authority of Singapore will trial a retail central bank digital currency in various contexts at a fintech event, despite the electronic payment options already available

Singapore Seeks to Reduce Risks for Retail Crypto Investors With Restrictive Rules

27.10.2022
Financial authorities in Singapore have proposed new regulations designed to protect consumers from risks associated with cryptocurrency investment and trading. The measures, which also aim to expand regulations for stablecoins, will be discussed with the industry before their adoption. Singapore...

Monetary Authority of Singapore May Introduce Risk Test Before Permitting Cryptocurrency Trading

26.10.2022
Source: AdobeStock / martinhosmat083 Singapore’s retail investors may have to take a risk awareness test to be allowed to trade crypto, in order to ensure that they have sufficient knowledge of the risks involved.  Citing two consultation papers published on Wednesday, the CNA reported...