2024-7-3 12:39 |
The Monetary Authority of Singapore released its stablecoin framework last year. origin »
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Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch.
2024-7-3 16:17 | |
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Singapore’s largest bank DBS Group will provide custodial services for Paxos as the stablecoin issuer secured full approval from the Monetary Authority of Singapore. DBS Group, the largest bank in Southeast Asia by assets, is venturing into the crypto sector…
2024-7-2 12:21 | |
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Project DESFT is meant to encourage trade between small businesses using a CBDC and a stablecoin, emphasizing credentialing.
2024-5-18 00:44 | |
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Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether.
2024-5-14 15:29 | |
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Triple-A, Singapore's licensed payment firm, will offer PayPal's PYUSD stablecoin in June, aiming to enhance its digital token services. The post PayPal stablecoin PYUSD soon available on Triple-A appeared first on Crypto Briefing.
2024-4-23 18:48 | |
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The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin.
2023-11-30 21:00 | |
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Stablecoin issuers may now be able to offer crypto users passive income if they have been approved by the Singapore Monetary Authority. The post Singapore Crypto Investors Can Now Earn Passive Income from Stablecoin Issuers appeared first on BeInCrypto.
2023-11-16 19:15 | |
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Blockchain infrastructure company Paxos has received in-principle approval to issue a new stablecoin pegged to the U.S. dollar in Singapore. According to the statement, the asset is fully backed by US currency and cash equivalents. The firm has undertaken to undergo…
2023-11-16 14:49 | |
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Paxos, a cryptocurrency brokerage firm, has received a preliminary license from regulators to offer digital payment token services in Singapore, the company said Wednesday in a statement.
2023-11-16 05:00 | |
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Southeast Asia’s premier tech startup, Grab is teaming up with USDC stablecoin issuer Circle to pilot a web3 wallet within its super-app. The announcement came on Sept. 14, with Circle revealing that these new services would be accessible to Grab…
2023-9-14 16:02 | |
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The Grab Web3 Wallet will be available to users of the ride hailing, food delivery and digital payments app to use vouchers in non-fungible token (NFT) form and earn rewards.
2023-9-14 11:51 | |
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The Monetary Authority of Singapore (MAS) has released a consultation paper seeking industry feedback on its proposed regulatory approach for stablecoins and related activities in the city-state. Major cryptocurrency firms Ripple and Circle submitted detailed responses to the consultation, offering…
2023-8-22 19:02 | |
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The Monetary Authority of Singapore (MAS) has unveiled the features of a new regulatory framework aimed at ensuring a high degree of stability for stablecoins in the country. This is the outcome of the central bank’s public consultation, which commenced in October 2022.
2023-8-15 16:00 | |
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Singapore's Monetary Authority releases a draft of requirements for private stablecoin issuers. The post Singapore Announces Framework for Non-Government Stablecoins appeared first on BeInCrypto.
2023-8-15 15:28 | |
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Stablecoins must hold minimum base capital 1 million Singapore dollars ($740,000) and provide redemption within no more than five business days of a request.
2023-8-15 14:42 | |
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The central bank would label these crypto tokens as MAS-regulated stablecoins. This way users would be able to distinguish these coins from non-regulated stablecoins. Singapore’s central bThe post Singapore pushes into crypto regulation with new stablecoin framework appeared first on AMBCrypto.
2023-8-15 13:00 | |
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The framework outlines requirements for stablecoin issuers to meet to be deemed as regulated by the Monetary Authority of Singapore.
2023-8-15 08:45 | |
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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 distributed ledger.
2023-6-22 17:26 | |
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The stablecoin issuer is the second crypto company to receive Singapore’s MPI license this month, following Crypto.com.
2023-6-8 23:33 | |
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Circle, the company behind the popular USDC stablecoin, just got an official greenlight to operate in Singapore. After receiving an in-principle approval in November last year, Circle’s Singapore branch has obtained a full Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
2023-6-7 22:30 | |
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Circle, the issuer of the USDC stablecoin, is expanding its presence in the Asian market with a new license to operate in Singapore. The Monetary Authority of Singapore (MAS), the country’s central bank, has granted the company’s Singapore division, affiliated…
2023-6-7 15:16 | |
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The issuer of USDC received in-principle approval in November last year.
2023-6-7 10:16 | |
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Singapore police have started investigating Terraform Labs, the company behind cryptocurrency Terra Luna Classic (LUNC) and Stablecoin Terra USD (UST), together with its founder, Do Hyeong Kwon, following the events that cost investors billions worth of losses.
2023-3-7 22:48 | |
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Ripple has defined Central Bank Digital Currencies (CBDCs) as a key priority in its 2023 projections and goals, and already boasts notable collaborations with several countries. As Bitcoinist reported, in mid-January the fintech company landed the southeastern European country of Montenegro to pilot a digital stablecoin.
2023-2-17 12:25 | |
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Changpeng Zhao, also known as “CZ,” says that the industry may start to use stablecoins pegged to the euro, yen, or Singapore dollar, following recent actions against the U.S. dollar-pegged stablecoin BUSD.
2023-2-15 00:45 | |
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Cardano's stablecoin Djed records major new listing ahead of mainnet launch
2023-1-24 16:07 | |
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2022-12-13 18:28 | |
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Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million.
2022-11-24 13:47 | |
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Paxos plans to make at least 130 hires in Singapore having obtained a central bank license to offer crypto products and services, Bloomberg reported Monday.
2022-11-7 12:57 | |
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Do Kwon, CEO of the failed stablecoin company Terraform Labs, is reportedly residing in Europe. Do Kwon Is Likely in Europe According to Korean state media, Do Kwon’s location has...
2022-11-4 00:07 | |
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USDC Coin (USDC) stablecoin issuer Circle has received in-principle approval from The Monetary Authority of Singapore (MAS) to offer digital payment services in Singapore, according to a press release on November 2, 2022.
2022-11-3 17:00 | |
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Circle received an in-principle license as a major payments institution in Singapore, allowing it to offer cross-border and domestic payment services.
2022-11-2 05:00 | |
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Paxos, issuer of the USDP stablecoin, can offer crypto products and services in Singapore after securing the license under the nation's Payment Services Act.
2022-11-2 03:00 | |
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In a separate document, the Monetary Authority of Singapore said it's also considering measures to limit retail investors without access to professional advice from engaging in crypto markets.
2022-10-26 10:04 | |
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The move comes as the central bank is looking to bring in more safeguards for retail customers and a stablecoin regulation.
2022-8-26 08:51 | |
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Singaporean authorities are currently reviewing stablecoin legislation in the country in an attempt to better safeguard investors’ funds. This comes at a period when investors are nursing the injuries inflicted by the TerraUSD (UST) crash which saw billions in funds disappear into thin air on a global scale. MAS chairman says the economy is not […]
2022-8-5 16:36 | |
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The Monetary Authority of Singapore (MAS) in response to a parliamentary inquiry, shared insights on how the Luna collapse affected the economy and laid out plans to engage the public in its stablecoin regulation.
2022-8-3 22:00 | |
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The MAS is reviewing a regulatory regime targeting risks involving stablecoins, the minister in charge of the bank said.
2022-8-2 15:27 | |
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[Singapore], April 11, 2022 – TiTi protocol announces a successful fundraising round of $3. 5 million, led by Spartan Group, with participation from SevenX Ventures, Incuba Alpha, DeFi Alliance, Agnostic Fund, Fourth Revolution Capital (4RCapital), Solidity Venture, and other institutions, as well as other individual investors including 0xb1 (Fold Finance), Tascha and Nipun (Alpha Venture DAO), […] The post TiTi Protocol secures $3.
2022-4-12 14:23 | |
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The stablecoin issuer said the regulatory approval would help support its partners in expanding services into Asia.
2022-3-10 17:00 | |
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Circle’s Asia plans include a regional headquarters in Singapore, a new venture arm, and investment in a Japanese yen stablecoin.
2021-11-15 12:06 | |
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SINGAPORE, May 21, 2021 — HaloDAO, a decentralized finance protocol designed to address the growing demand for stablecoins, has closed a $3.5 million seed investment round led by Parataxis Capital. Additional funds participating in the round include QCP Soteria, GBV (Genesis Block Ventures), Spartan Group, NGC, CMS Holdings, LedgerPrime, Genblock, Petrock Capital and others. NotableRead More
2021-5-22 19:15 | |
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Lock up your WBTC, ETH and USDC to mint PAR tokens and earn high-yield APYs through Liquidity Mining Pools. Singapore, 26 March, 2021 - MiMo DeFi has recently revamped its Web App and Wallet with aThe post MiMo DeFi Protocol: World’s first decentralized lending platform to mint euro stablecoin PAR appeared first on AMBCrypto.
2021-3-26 13:20 | |
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Sygnum–a digital asset bank with operational licenses in Switzerland and Singapore, is offering a 0. 75 percent annual yield on its stablecoin, the Digital CHF (DCHF), a press release on Mar 16 reveals.
2021-3-18 15:00 | |
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Elliptic, the crypto-asset risk management and blockchain analytics platform, announced today that the Singapore dollar-backed stablecoin, XSGD, has been added to its crypto-risk monitoring solutions The post Elliptic announces support for Singapore Dollar-backed stablecoin - XSGD appeared first on AMBCrypto.
2020-10-12 16:30 | |
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Delta Exchange has begun the Call and Put options that will be settled via the USDT stablecoin, making a debut as the first crypto derivative platform to issue such products. The exchange, whose headquarters are based in Singapore, announced this news on September 17 and noted it is one of the four crypto exchanges that […] The post Crypto Derivatives Exchange, Delta, Debuts Call and Put Options to be Settled in Tether (USDT) first appeared on BitcoinExchangeGuide.
2020-9-19 21:41 | |
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Cryptocurrency payments and wallet platform Crypto. com, announced today a new partnership with Xfers, a Singapore-based payment processing gateway. Now, Crypto. com users will be able to instantly buy cryptocurrencies (including BTC, ETH, LTC, XRP, MCO, CRO) in SGD.
2019-11-14 21:10 | |
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Coinspeaker Equilibrium and EOSDT To Host Crypto DeFiance Event During BlockShow Asia 2019BlockShow Asia, Equilibrium and the EOS-based decentralized stablecoin EOSDT will host the inaugural edition of its Crypto DeFiance event in Singapore on November 16.
2019-11-1 02:12 | |
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September 10th, 2019, Singapore – The target of the Digital Gold platform is to digitalize physical gold and make it possible to transfer over the blockchain. GOLD stablecoins establish a digital link between a real-world asset (gold) and a gold-backed digital asset.
2019-9-11 00:00 | |
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С января 2023 года все компании, работающие с цифровыми валютами на территории самого северного американского шата, будут обязаны получить отдельную лицензию на осуществление денежных переводов.
The DBS Digital Exchange is 10% owned by Singapore's SGX stock exchange.
When it comes to bitcoin, Singapore's DBS Bank sees a "pandemic-led acceleration of adoption."