Cryptocoins News / CoinJournal - 1 year ago
The DBS bank has started an e-CNY collection platform. The platform will enable automated settlement of e-CNY into businesses’ CNY bank deposit accounts. The bank is participating in Project Guardian, a project for testing asset tokenization a...
Bitcoin News / Bitcoin.com - 1 year ago
Singapore has implemented new regulations for crypto service providers in a bid to enhance investor protection and maintain market integrity within the cryptocurrency industry. The Monetary Authority of Singapore (MAS) will also restrict lending and...
Cryptocoins News / The Cointelegraph - 1 year ago
MAS is also working to restrict crypto service providers from facilitating lending or staking for retail customers, but not for institutional ones. Singapore’s central...
by COINS NEWS - 1 year ago
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Cryptocoins News / Finance Magnates - 1 year ago
The Digital Payment Token (DPT) service providers in Singapore may be required to safely keep customers' assets under a statutory trust before the end of the year. This is according to new measures announced today (Monday) by the country's financial...
by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
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Cryptocoins News / The Cointelegraph - 1 year ago
“Decentralized financial ecosystem continues to develop in complexity, and it is important to address emerging risks,” said FSA official Mamoru Yanase. On June 26, Ja...
Cryptocoins News / The Cointelegraph - 1 year ago
Three trial use cases have been completed as part of the project, and the report uses them as a “framework for consideration” of financial market infrastructure. As as...
Bitcoin News / Bitcoinist - 1 year ago
As crypto continues to break boundaries in the global financial scene, demand for crypto transactions is growing steadily among various institutions. Sygnum AG, a significant player in the digital asset sphere, is capitalizing on this trend, anticipa...
Cryptocoins News / The Cointelegraph - 1 year ago
Ripple says the “in principle” approval will help scale its “On-Demand Liquidity,” the service it uses to source XRP liquidity to customers. Blockchain-based payments...
Cryptocoins News / Finance Magnates - 1 year ago
Ripple, a blockchain payments company, has cemented its Asia-Pacific presence with an In-Principle Approval of the Major Payments Institution License application from the Monetary Authority of Singapore (MAS). The approval was granted to the San Fran...
by COINS NEWS - 1 year ago
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Cryptocoins News / The Cointelegraph - 1 year ago
The Monetary Authority of Singapore, with input from major tech giants, released a white paper on the standards for the usage of digital money such as CBDCs and stablecoins....
Bitcoin News / Bitcoinist - 1 year ago
The Monetary Authority of Singapore (MAS), the financial regulatory body of Singapore, has published a whitepaper outlining the common standards for the use of digital money. This crypto-friendly act is a testament to the growing adoption of digital...
Bitcoin News / Bitcoinist - 1 year ago
Gemini, the US-based cryptocurrency exchange founded by the twin brothers Tyler and Cameron Winklevoss, has announced its plans to expand its operations in the Asia-Pacific (APAC) region. The company’s leadership team recently visited the regi...
Cryptocoins News / EthereumWorldNews - 1 year ago
Crypto exchange Gemini has selected Singapore to serve as the hub for its operations in the Asia Pacific region.& The Winklevoss-owned exchange plans to hire more than 100 employees for its Singapore office.& The crypto exchange is also grow...
Cryptocoins News / Finance Magnates - 1 year ago
The Singapore subsidiary of Sygnum, a digital asset bank, has become the latest to obtain in-principal approval for a Major Payment Institution Licence (MPIL) from the Monetary Authority of Singapore (MAS). Sygnum Gains In-Principal Singapore License...
Cryptocoins News / The Cointelegraph - 1 year ago
The project, delayed from last year, will enlist bank employees and nearby businesses for the pilot. Each payment provider has launched its own app. The Bank of Thaila...
Bitcoin News / Google News Bitcoin - 1 year ago
Singapore's Crypto.com to Halt US Institutional Division Citing ...& & Bitcoin News
Bitcoin News / Bitcoin.com - 1 year ago
Singapore-based cryptocurrency exchange Crypto.com announced that it intends to halt services for institutional traders in the United States on June 21, 2023. The exchange cited “limited demand” as the reason for suspending its institutio...
Cryptocoins News / The Cointelegraph - 1 year ago
The stablecoin issuer is the second crypto company to receive Singapore’s MPI license this month, following Crypto.com. Circle’s Singapore affiliate, Circle Internet...
Bitcoin News / Bitcoinist - 1 year ago
Circle, the company behind the popular USDC stablecoin, just got an official greenlight to operate in Singapore. After receiving an in-principle approval in November last year, Circle’s Singapore branch has obtained a full Major Payment Institu...
Cryptocoins News / CoinJournal - 1 year ago
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company was first issued an in-principle approval in November 2022.& Circle receives a digital token licence...
