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Singapore regulator backs private networks over public in framework for digital assets
The Monetary Authority of Singapore published a framework on June 26 detailing the benefits of decentralized finance (DeFi) and how it can fit into the financial system of the world. The regulator believes that private blockchain networks are the best option for financial market infrastructure due to their centralized nature. дальше »
2023-6-26 20:36 | |
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MAS publishes report on asset tokenization and DeFi
The Monetary Authority of Singapore (MAS) has recently disclosed a detailed report exploring the integration of asset tokenization and decentralized finance (DeFi) within global financial systems and standards. дальше »
2023-6-27 20:08 | |
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Singapore’s Central Bank Pushes for Interoperable Tokenized Assets
The Monetary Authority of Singapore (MAS) has proposed an initiative to create an open and interoperable framework for tokenized digital assets in collaboration with the Bank for International Settlements (BIS),... дальше »
2023-6-26 16:43 | |
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IMF Acknowledges Ineffectiveness of Banning Cryptocurrencies, Encourages CBDC Adoption
The International Monetary Fund (IMF) has recognized that banning cryptocurrencies may not be an effective long-term strategy. Instead, the focus should be on meeting digital payment needs and improving transparency in the use of these digital assets. дальше »
2023-6-23 13:00 | |
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Expert Analysis: IMF Documents And XC Platform Raise Concerns For XRP
The IMF has often recognized crypto assets, especially Ripple (XRP), as instruments facilitating cross-border payments and remittances. Reuters reported that the International Monetary Fund IMF plans to launch a platform to facilitate CBDC creations and transactions. дальше »
2023-6-23 21:30 | |
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Gold Prices Plummet as Bitcoin Rises, Securing Safe Haven Status
Bitcoin reclaims $30,000 zone, proving its safe haven status, while gold enters a downtrend due to central banks' hawkish monetary policies and rising interest rates. The post Gold Prices Plummet as Bitcoin Rises, Securing Safe Haven Status appeared first on BeInCrypto. дальше »
2023-6-22 19:15 | |
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IMF warns banning crypto may not be an effective long-term strategy
The International Monetary Fund (IMF) stated that banning crypto “may not be effective in the long run. ” The comment was made in a post promoting Central Bank Digital Currencies (CBDCs) in the Latin America and Caribbean (LAC) regions. дальше »
2023-6-22 18:59 | |
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Singapore approves Ripple’s Major Payment Institution license application
The Monetary Authority of Singapore (MAS) has approved Ripple’s application for a Major Payment Institution (MPI) License in principle. Commenting, Ripple CEO Brad Garlinghouse said Singapore is “taking a pragmatic, innovation-first approach to crypto. дальше »
2023-6-22 11:35 | |
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A look at XRP as Ripple gets regulatory node in Singapore
Ripple received regulatory approval from the Monetary Authority of Singapore. Sentiments around Ripple began to decline; however, price movements remained positive. Ripple [XRP] has been theThe post A look at XRP as Ripple gets regulatory node in Singapore appeared first on AMBCrypto. дальше »
2023-6-22 11:30 | |
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Singapore takes the lead in establishing norms for ‘designated’ digital currency
Singapore's central bank, the Monetary Authority of Singapore, has unveiled a proposed common protocol aimed at establishing clear conditions for the utilization of digital currencies. дальше »
2023-6-22 22:58 | |
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Singapore MAS Proposes Protocol For Digital Money Use, Partners With Amazon For Trials
The Monetary Authority of Singapore (MAS), the financial regulatory body of Singapore, has published a whitepaper outlining the common standards for the use of digital money. This crypto-friendly act is a testament to the growing adoption of digital assets in the island country of Singapore. дальше »
2023-6-21 18:00 | |
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Central Banks Propose CBDC, Stablecoin Standards With Amazon, Grab Running Trials
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. дальше »
2023-6-22 17:26 | |
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IMF’s Foray into CBDC: Global Digital Currency Platform In The Works
Per a Reuters report, the International Monetary Fund (IMF) is working towards the launch of a global central bank digital currency (CBDC) platform that can facilitate cross-border transactions. Related Reading: Bitcoin Long-Term Holders Refuse To Budge As Movements Remain Low IMF Takes On CBDC Market Speaking at a conference attended by African central banks, IMF […] дальше »
2023-6-21 21:00 | |
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Global CBDC plan in the works by International Monetary Fund
Over 100 countries are exploring a CBDC, while 11 countries have fully launched a CBDC. Most CBDC initiatives are hardly concerned with the component of interoperability. The International MThe post Global CBDC plan in the works by International Monetary Fund appeared first on AMBCrypto. дальше »
2023-6-20 18:30 | |
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IMF Advances Global Central Bank Digital Currency Platform For International Transactions
The International Monetary Fund (IMF) is actively developing a global platform for CBDCs to facilitate seamless transactions across borders, announced IMF Managing Director Kristalina Georgieva at a conference in Rabat, Morocco. дальше »
2023-6-20 15:30 | |
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The IMF’s Role In Shaping The Future Of Cryptocurrencies: A Global Infrastructure For CBDCs
The concept of a global infrastructure for digital currencies, as proposed by the International Monetary Fund (IMF) Managing Director Kristalina Georgieva, could have significant implications for the adoption of cryptocurrencies. дальше »
2023-6-20 10:50 | |
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XRP Army Finds Ripple Link To IMF As It Announces CBDC Platform
While the International Monetary Fund (IMF) announced that it is working on a platform for digital central bank currencies (CDBCs) yesterday, the XRP army has discovered an IMF report from March 2023 in which Ripple is considered a potential problem solver. дальше »
2023-6-20 10:15 | |
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IMF wants to create a global CBDC platform to compete with threat of crypto
The International Monetary Fund (IMF) wants to create a global central bank digital currency (CBDC) system in an effort to connect countries and allow seamless cross-border transactions, Reuters reported. дальше »
2023-6-20 22:50 | |
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Crypto Prices Dwindle As ECB Hikes Interest Rates While US Fed Hits Pause
On June 14, 2023, the Federal Open Market Committee (FOMC) of the Federal Reserve (Fed) maintained interest rates at the 5-5. 25% target range after ten consecutive rate hikes. The Fed said it would assess additional information and its implications for monetary policy. дальше »
2023-6-17 19:38 | |
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Bitcoin Regains Ground to Reach $25.2K, but Investors Remain Jittery About U.S. Economy, Monetary Policy
Tether’s USDT stablecoin loses its $1 peg, while other major cryptos spend their day in red territory. дальше »
2023-6-16 23:42 | |
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Casino stocks boost as China cuts key policy rate- can Bitcoin casinos benefit?
Yes, Macau casino stocks could benefit from a new boost – the monetary stimulus that China is looking at as the country’s leadership pushes to halt a fresh economic slump. According to Casino. дальше »
2023-6-16 21:02 | |
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Hong Kong regulator urges banks to accept crypto clients
The Hong Kong Monetary Authority (HKMA) is encouraging banking giants to accept crypto exchanges as clients, the Financial Times reported on June 15. While no restrictions hold Hong Kong banks back from accepting crypto clients, banks are wary of drawing regulatory scrutiny in case their clients are found ed in any criminal activities, the report […] The post Hong Kong regulator urges banks to accept crypto clients appeared first on CryptoSlate. дальше »
2023-6-15 14:15 | |
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Hong Kong pushes HSBC and Standard Chartered to embrace crypto clients
The Hong Kong Monetary Authority urges prominent banks to engage with crypto exchanges to stimulate the digital assets industry. The Hong Kong Monetary Authority (HKMA) is urging key banks, including HSBC and Standard Chartered, to onboard cryptocurrency exchanges as clients… дальше »
2023-6-15 09:57 | |
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Hong Kong seeks fast regulatory action on stablecoins
According to the local news outlet The Standard, Hong Kong is making strides in creating a clear framework for stablecoins pegged to traditional financial assets. The Hong Kong Monetary Authority (HKMA) aims to introduce the proposed comprehensive regulatory framework for stablecoins within 18 months. дальше »
2023-6-13 16:14 | |
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U.S. CPI Inflation Slows to 0.1% in May; Bitcoin Rises
The news on consumer prices comes one day ahead of the results of the Fed's latest monetary policy meeting. дальше »
2023-6-13 15:34 | |
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U.S. CPI Inflation Slowed to 0.1% in May; Bitcoin Rises
The news on consumer prices comes one day ahead of the results of the Fed's latest monetary policy meeting. дальше »
2023-6-14 15:34 | |
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Sygnum Singapore gets approval to offer crypto services
Sygnum Singapore has successfully secured in-principle approval of its Major Payment Institution License (MPIL) application from the Monetary Authority of Singapore (MAS). The license enables the bank to offer its clients regulated crypto brokerage services. Sygnum Singapore, the Southeast Asian… дальше »
2023-6-13 14:05 | |
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Court Rules Ooki DAO Violated Federal Act And Is Fined Over $640k
Through a June 9, 2023 press release, the Director of the Commodity Futures Trading Commission (CFTC) Division of Enforcement, Ian McGinley, advised that on June 8, 2023, a U.S. District judge had entered a default judgement order in favour of the CFTC, for a civil monetary penalty of US$ 643,542 against the Ooki decentralized autonomous […] дальше »
2023-6-12 17:02 | |
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Ooki DAO Ordered to Shutter Website, Pay $643,000 Fine Following Landmark CFTC Battle
The court ordered Ooki DAO to pay a civil monetary penalty of $643,542. It permanently banned the DAO from trading and registering and ruled that it must shut down its website and remove its content from the internet. дальше »
2023-6-10 14:15 | |
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How crypto education, regulation, and token utility will shape the future of money
Let's explore how crypto education platforms, token utilities, and crypto regulations can help protect investors while creating a more secure and efficient monetary system in the future дальше »
2023-6-9 15:00 | |
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First Mover Asia: Bitcoin Remains Resilient Near $26.5K, Despite Ongoing Binance, Coinbase Fallout
ALSO: Valkyrie's chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might please digital and other asset markets, but Steven McClurg said that the monetary dovishness is unlikely to continue later this year. дальше »
2023-6-9 03:54 | |
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USDC Stablecoin Issuer Circle Gets Regulatory Green Light In Singapore
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). дальше »
2023-6-7 22:30 | |
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Circle receives digital token license in Singapore
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… дальше »
2023-6-7 15:16 | |
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Crypto.com Secures “Major” Operational License in Singapore
Top crypto trading platform Crypto. com has received what it describes as a major Payment Institution (MPI) License from the Monetary Authority of Singapore. In a blog post on 1 June, the exchange said the license is for Digital Payment Token (DPT) services. дальше »
2023-6-5 16:28 | |
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Crypto.com secures Major Payment Institution license in Singapore
Crypto. com said June 1 that it has secured a Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS), the country’s chief financial regulatory body. дальше »
2023-6-2 21:14 | |
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