MAS

Ripple Gets OK to Expand Payments Business in Singapore

Ripple Gets OK to Expand Payments Business in Singapore
Ripple Gets OK to Expand Payments Business in Singapore
December 01, 2025  |  Blockchain

Blockchain company Ripple is set to expand its payments services in Singapore. The company announced Monday (Dec. 1) that the Monetary Authority of Singapore (MAS)...

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Tripadvisor to Merge 2 Businesses as Activist Investors Urge Sale
Tripadvisor to Merge 2 Businesses as Activist Investors Urge Sale
November 04, 2025  |  Partnerships

The Tripadvisor Group reportedly plans to merge two of its three businesses, Tripadvisor and Viator, amid activist investors’ pressure to consider selling either the entire...

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Ebanx Secures In-Principle Approval for License From Monetary Authority of Singapore
Ebanx Secures In-Principle Approval for License From Monetary Authority of Singapore
February 17, 2025  |  Bank Regulation

Global payment service provider Ebanx secured In-Principle Approval (IPA) for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license supports cross-border money transfers...

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Monetary Authority of Singapore Fines JPMorgan Over Inaccurate Disclosures
Monetary Authority of Singapore Fines JPMorgan Over Inaccurate Disclosures
December 02, 2024  |  Bank Regulation

The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $2.4 million Singapore dollars (about $1.8 million) on JPMorgan Chase Bank, N.A., alleging misconduct by...

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OKX Names Grab’s Gracie Lin to Head Singapore Crypto Exchange
OKX Names Grab’s Gracie Lin to Head Singapore Crypto Exchange
September 02, 2024  |  Cryptocurrency

Cryptocurrency exchange OKX has appointed Grab executive Gracie Lin as CEO of its Singapore operations. The company announced the hiring Monday (Sept. 2), while also...

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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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