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Tag: MAS

StraitsX, Paxos Secure MAS Approval to Issue SGD and USD Stablecoins – Fintech Singapore

Three entities have received In-Principle Approvals (IPA) from the Monetary Authority of Singapore (MAS) to issue stablecoins that will align with the central bank’s...

Paxos to issue USD stablecoin in Singapore, wins initial approval

Crypto infrastructure firm Paxos has secured in-principle approval from Singapore’s regulator for a new entity that’s planning the launch of a U.S. dollar-backed stablecoin.In...

Sygnum Singapore Onboards Bordier & Cie as Inaugural B2B Client – Fintech Singapore

Private bank Bordier & Cie (Singapore) has become the inaugural B2B client of Sygnum Singapore, marking a significant milestone for the latter, which...

JP Morgan’s Onyx Teams Up With Avalanche To Streamline Portfolio Management

Proof of Concept Under MAS’ ‘Project Guardian’ Explores Using DeFi Tools To Efficiently Administer Alternative Assets Amid the ongoing crypto rally, major financial institutions...

MAS Releases Executive Summary of Gen AI Risk Framework for Financial Sector – Fintech Singapore

The Monetary Authority of Singapore (MAS) has wrapped up the first phase of Project MindForge, an initiative aimed at creating a risk framework for...

Temasek Trust, MAS Partner to Propel Fintech and Impact Investment in Singapore – Fintech Singapore

Temasek Trust has recently entered into a strategic partnership with the Monetary Authority of Singapore (MAS) through a Letter of Intent, aiming to...

IFC, MAS, and WEF Sign MOU to Boost Digital Inclusion in Emerging Economies – Fintech Singapore

The International Finance Corporation (IFC), Monetary Authority of Singapore (MAS), and the World Economic Forum have committed to a Memorandum of Understanding, aiming to...

MAS Public Cloud Guidelines: A Deep Dive into its Impact on Cloud Security – Fintech Singapore

Amidst a rapidly digitalising world, accelerated further by the COVID-19 pandemic, cloud technology has become a pivotal cornerstone for businesses worldwide. Recently, the Monetary...

Ripple Unveils Enhanced Crypto-Enabled Cross-Border Payments Solution – Fintech Singapore

Ripple, a provider of enterprise blockchain and crypto solutions, has unveiled an enhanced version of its crypto-enabled cross-border payments solution, Ripple Payments, formerly known...

Singapore’s BNPL Firms Must Comply With Code of Conduct by Nov 2023 – Fintech Singapore

by Fintech News Singapore November 9, 2023 The Buy Now, Pay Later (BNPL) Code of Conduct, developed...

Ripple Transforms Payments Experience to Unlock Enterprise Crypto Adoption – TheNewsCrypto

Vision for the Future of Ripple Payments Products: a Focal Point at Swell 2023 Conference DUBAI, United Arab Emirates & SAN FRANCISCO–(BUSINESS WIRE)–Ripple, the leader...

MAS Asks Banks to Consider Seniors in Anti-Scam Measures, SRF Inclusion Possible – Fintech Singapore

by Fintech News Singapore November 7, 2023 The Monetary Authority of Singapore (MAS) has asked banks to...

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