MAS

Singapore Banking Chief: Private Crypto Has ‘Miserably Failed’
Singapore Banking Chief: Private Crypto Has ‘Miserably Failed’
November 28, 2023  |  Cryptocurrency

We could be witnessing the twilight of private cryptocurrencies, says one of Singapore’s top central bankers. Monetary Authority of Singapore (MAS) Managing Director Ravi Menon argued Tuesday (Nov....

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Monetary Authority of Singapore Unveils Plans for Digital Money 
Monetary Authority of Singapore Unveils Plans for Digital Money 
November 16, 2023  |  CBDC

The Monetary Authority of Singapore (MAS) has unveiled a series of initiatives aimed at ensuring the secure and innovative utilization of digital money in the country.  These...

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Citi Debuts Blockchain Solution for Foreign Exchange Trades
Citi Debuts Blockchain Solution for Foreign Exchange Trades
November 15, 2023  |  Blockchain

Citi has created an application that uses blockchain to execute foreign exchange (FX) trades. The new tool, announced Wednesday (Nov. 14), employs blockchain infrastructure to price and perform...

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Singapore’s MAS Launches CBDC Test Ubin+
Singapore’s MAS Launches CBDC Test Ubin+
November 03, 2022  |  CBDC

The Monetary Authority of Singapore (MAS) has debuted Ubin+, a program to test the use of a wholesale central bank digital currency (CBDC) for cross-border...

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Trading Not Part of Singapore’s Crypto Hub Ambitions
Trading Not Part of Singapore’s Crypto Hub Ambitions
October 28, 2022  |  Cryptocurrency

In the latest sign that Singapore is looking to shake off its reputation as a regulatory haven for the crypto industry, Ravi Menon, managing director...

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Singapore Updates ITM, Sets Stage to Further Shape Financial Services
Singapore Updates ITM, Sets Stage to Further Shape Financial Services
September 16, 2022  |  Connected Economy

Singapore is setting the stage to further transform the financial services industry and is rolling out a new three-year plan that outlines growth strategies to...

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Today in Crypto: Bankrupt Three Arrows Capital Founders Missing; Singapore’s Crypto Sector Expect Crypto Crackdown
Today in Crypto: Bankrupt Three Arrows Capital Founders Missing; Singapore’s Crypto Sector Expect Crypto Crackdown
July 12, 2022  |  Cryptocurrency

The co-founders of Three Arrows Capital, the failed crypto hedge fund, are missing and possibly on the run from creditors, according to media reports on...

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Sleek Secures Payments License in Singapore
Sleek Secures Payments License in Singapore
July 07, 2022  |  International

FinTech startup Sleek, an all-in-one digital platform for small businesses, was granted a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS),...

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Singapore’s MAS-Backed Elevandi Launches FinTech Advisory Committee
Singapore’s MAS-Backed Elevandi Launches FinTech Advisory Committee
May 19, 2022  |  Fintech Investments

Elevandi, a company established by the Monetary Authority of Singapore (MAS) to promote FinTech in the digital economy, has formed its advisory committee. According to...

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