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Monetary Authority of Singapore Grants Two Licenses to Offer Digital Payment Token Services

Singapore has granted licenses to DBS Vickers, the brokerage arm of DBS Bank Ltd. , and the Australian crypto exchange Independent Reserve to offer digital payment token services. Both the firms were granted an “in principle” approval from the Monetary Authority of Singapore (MAS) under the country’s Payment Services Act in the past two months. дальше »

2021-10-2 23:15


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Binance Stops Fiat Deposits, Crypto Trading, And Crypto Purchases In Singapore

Binance has restricted access for Singapore users who will no longer be able to deposit fiat, carry out spot trading, or swap tokens on its exchange, according to a Monday announcement. Binance referred to the restricted services as Regulated Payment Services, stating these as the reason for halting the services to its Singapore-based customers. “We […] дальше »

2021-9-27 17:56


Singapore Regulator Says Binance Unlicensed, Alerts Investors

Singapore’s financial regulator has added Binance to the investor alert list, signifying that the crypto exchange is unlicensed to provide payment services in the nation. The Monetary Authority Of Singapore Adds Crypto Exchange Binance To The Investor Alert List As per a report from Bloomberg, the Monetary Authority of Singapore says Binance doesn’t have a […] дальше »

2021-9-3 22:00


Singapore’s DBS Bank Gets Approval from MAS to Offer Crypto Services to Asset Managers & Companies

Singapore’s DBS Bank is the latest to receive approval “in principle” from the Monetary Authority of Singapore (MAS) under the country’s Payment Services Act. DBS Vickers, the bank's brokerage arm, is the one that received the go-ahead from the country’s financial regulator to begin offering crypto services directly to companies and asset managers via its […] The post Singapore’s DBS Bank Gets Approval from MAS to Offer Crypto Services to Asset Managers & Companies first appeared on BitcoinExchangeGuide. дальше »

2021-8-13 19:11


Monetary Authority of Singapore (MAS) Grants its First Approval to A Crypto Exchange

Cryptocurrency exchange Independent Reserve has been granted an “in-principle approval” under the Payment Services Act by the Monetary Authority of Singapore (MAS). Under this license, the 2013-founded Independent Reserve is allowed to operate as a regulated provider for Digital Payment Token services. дальше »

2021-8-3 16:42


JPMorgan, DBS, and Singapore’s Temasek to Develop Blockchain Payment, Trade, & Settlement Platform

As part of a move to address the challenges with the current interbank settlement structure, JPMorgan Chase & Co. has joined forces with two Asian financial giants. The American giant is teaming up with Temasek Holdings and DBS Holdings to launch a blockchain-based platform to redefine value transmission for trade, payments, and foreign exchange settlement. дальше »

2021-4-28 17:53


Ryde Car-Pooling App in Singapore Adds Bitcoin Payment Support Via An Integrated Wallet

Ryde, a popular car-pooling service in Singapore, has become the first application of its kind to offer bitcoin payment support. In its announcement made on Wednesday, claimed that Ryde users would be able to deposit or top-up up to $899 in the Singaporian dollar, which would convert to the native Rydecoin without any conversion or […] дальше »

2020-6-20 22:45


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Ripple Granted Exemption From Holding A License In Singapore Thanks To Its Frictionless Remittance Solutions

Ripple’s payment solutions have gained traction in recent days as more customers leverage the solutions to power fast payments worldwide. These remittance solutions have earned Ripple recognition from the US Congress, traditional banking institutions like Bank of America and also the Monetary Authority of Singapore (MAS). дальше »

2020-4-16 14:49


Binance Applies for Singapore Crypto License Under The New Payment Services Act

Binance crypto exchange through its parent company has applied for Singapore’s new operating license. This follows an upgrade of laws governing crypto in the FinTech friendly jurisdiction. Singapore sought to advance its payments’ ecosystem legalities as more firms’ leveraging blockchain tech and tokenization set up in the country. дальше »

2020-2-17 20:06