MAS

The in-principal approval allows Upbit Singapore to continue providing regulated digital payment token services in compliance with the Payment Services Act 2019.

By Omkar Godbole

Oct 16, 2023 at 5:03 a.m. UTC

Oct 16, 2023

UpbitSingaporeMAS

Tharman Shanmugaratnam and his wife Jane Yumiko Ittogi in 2017.

Policy

Regulations

Singapore's New President, a Former Central Bank Chairman, Has Called Crypto 'Slightly Crazy'

The 66-year-old garnered more than 70% of the vote to take over a largely ceremonial role.

By Amitoj Singh

Sep 4, 2023 at 12:25 p.m. UTC

Sep 4, 2023

RegulationsSingaporePresidential electionMASCrypto

Video

Singapore

Singapore's Central Bank Presents Design Framework for Interoperable Digital Asset Networks

Singapore's central bank is proposing ways to design open, interoperable networks for tokenized digital assets. "The Hash" panel discusses the framework presented by the Monet...

By CoinDesk Staff

Jun 26, 2023 at 5:58 p.m. UTC

Jun 26, 2023

SingaporecdtvHash clipHSBCCitiMASStandard chartered

Policy

Regulations

Singapore's MAS Proposes Design Framework for Interoperable Digital Asset Networks

Banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across wealth management, fixed income and foreign exchange.

By Sandali Handagama

Jun 26, 2023 at 11:26 a.m. UTC

Jun 26, 2023

RegulationsSingaporeMASHSBCStandard chartered

Singapore, view of Marina Bay with Gardens By The Bay manmade trees in the background (SoleneC1/Pixabay)

Policy

Ripple

Ripple Obtains In-Principle Approval for Major Payments Institution License in Singapore

Authorities in Singapore have awarded 190 Major Payment Institution Licenses, with 11 going to Digital Payment Token companies.

By Sam Reynolds

Jun 22, 2023 at 2:08 a.m. UTC

Jun 22, 2023

RippleSingaporeMonetary Authority of SingaporeMASdigital payment tokenDigital PaymentsStu AlderotyStuart alderoty

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

Video

Monetary authority of singapore

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

The Monetary Authority of Singapore (MAS) has proposed standards for using digital money, including central bank digital currencies (CBDCs) and tokenized bank deposits, on a d...

By CoinDesk Staff

Jun 21, 2023 at 5:56 p.m. UTC

Jun 21, 2023

Monetary Authority of SingaporeInternational Monetary FundIMFcdtvCBDCHash clipMAS

Policy

Regulations

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

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 di...

By Sandali Handagama

Jun 21, 2023 at 2:26 p.m. UTC

Jun 21, 2023

RegulationsSingaporeMASIMFBank of KoreaCBDCStablecoinAmazon

NY Fed, Singapore Regulator Verify CBDC Use for Cross-Border Payments

Video

Monetary authority of singapore

NY Fed, Singapore Regulator Verify CBDC Use for Cross-Border Payments

Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, according to a new report publi...

By CoinDesk Staff

May 19, 2023 at 2:22 p.m. UTC

May 19, 2023