#MAS

Highlights: Bybit said it already blocks users in Singapore and is working with MAS to understand the alert list decision. Bybit’s concerns center on licensing, as the exchange does not hold approval under the Payment Services Act in Singapore. MAS […]

Highlights: MAS and the Deutsche Bundesbank have joined forces to enhance the settlement of digital assets across borders. The objective of the partnership is to reduce the cost and also make international transactions faster. The two central banks will work […]

Highlights: Singapore will pilot tokenized bills settled with central bank digital currency. Stablecoin regulations will focus on reserve backing and reliable redemption. Singapore supports tokenized bank liabilities through the BLOOM initiative. The Monetary Authority of Singapore (MAS) will initiate a […]

Highlights: Coinbase launches XSGD stablecoin for global users, increasing access to Singapore dollars in the crypto space. The collaboration facilitates the smooth access to local currency stablecoins via low-cost Ethereum Layer 2 support. StraitsX and Coinbase will work together to […]

Highlights: The exchange will shut its operations after failing to secure a license from MAS. Users must follow the withdrawal schedule based on portfolio size, with the final deadline set for September. Tokenize plans to move operations to Labuan before […]

Highlights: Bitstamp by Robinhood has secured a MAS license to operate legally in Singapore. APAC expansion starts with a local team and strong global connectivity. Institutional-grade infrastructure powers its crypto platform with high security. Bitstamp by Robinhood has formally entered […]

Highlights: MAS enhances tokenization with new measures for liquidity, infrastructure, and settlements. Project Guardian expands frameworks, boosting industry-wide implementation of tokenized assets. MAS launches GFTN to boost Singapore’s role in global fintech. Singapore’s Monetary Authority (MAS) has announced new measures […]

Highlights: Paxos launched USDG, a US dollar-backed stablecoin, under Singapore’s regulatory framework. The stablecoin is developed with DBS Bank, which manages USDG reserves and cash. USDG aims to enhance global stablecoin adoption for both crypto and regulated institutions. Digital assets […]

Highlights: Gemini gets Preliminary Approval from MAS to provide digital payment token services in Singapore. The exchange plans to double its Singapore workforce, highlighting the market’s importance. Singapore is Gemini’s second-largest market after the U.S., central to its Asia-Pacific plan. […]