2023-6-22 05:08 |
Authorities in Singapore have awarded 190 Major Payment licenses, and 11 of these have gone to Digital Payment Token companies. origin »
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fewStones will diversify its payment solutions after announcing it will now accept payments in cryptocurrency for video production, animation, and photography services.
2023-3-9 22:13 | |
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Standard Chartered has invested in Partior, the blockchain-based payment network founded by JPMorgan, DBS and Singapore government-owned investment fund Temasek.
2022-11-3 14:46 | |
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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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The Monetary Authority of Singapore will trial a retail central bank digital currency in various contexts at a fintech event, despite the electronic payment options already available.
2022-11-1 23:45 | |
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On October 26, 2022, the Monetary Authority of Singapore (MAS) released two consultation papers namely, the Proposed Regulatory Measures for Digital Payment Token Services and the Proposed Regulatory Approach for Stablecoin-Related Activities.
2022-10-28 21:35 | |
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The largest cryptocurrency exchange in the United States, Coinbase, announced that Singapore's central bank had approved it to provide payment services in the city-state. Individuals and institutioThe post Coinbase secures its crypto license in Singapore, but... appeared first on AMBCrypto.
2022-10-11 15:30 | |
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Coinbase joins Crypto.com and DBS Vickers as major institutions with a Digital Payment Token (DPT) license from the Monetary Authority of Singapore.
2022-10-11 07:24 | |
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Singapore, Sept 15, 2022 – (ACN Newswire) – StraitsX (www.straitsx.com), the Southeast Asia-based digital asset payment infrastructure today announced native support for the StraitsX Singapore Dollar (XSGD) and StraitsX...
2022-9-15 16:29 | |
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According to the Managing Director of the Monetary Authority of Singapore (MAS), Ravi Menon, the most promising use cases for digital assets are in cross-border payment and settlement, trade finance, and pre- and post-trade capital market activities.
2022-8-31 21:26 | |
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Singapore, Aug 1, 2022 – (ACN Newswire) – The Monetary Authority of Singapore (MAS) has granted Digital Treasures Center (DTC) the Major Payment Institution (MPI)...
2022-8-1 17:05 | |
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In a press release today, Ripple (XRP/USD) has revealed that it has partnered with Singapore’s payment giant FOMO Pay. The partnership will see FOMO Pay achieve instant cross-border USD and EUR payments leveraging Ripple’s On-Demand Liquidity (ODL).
2022-7-26 10:06 | |
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Crypto trading platform Crypto. com has received a license approval from the Monetary Authority of Singapore. Crypto. com is a major exchange looking to expand its operations to the South-East Asia market and eventually globally.
2022-6-23 04:00 | |
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Cryptocurrency platform Crypto dot com has received in-principle approval from Singapore’s main market regulator for its Major Payment Institution License. The post Crypto.com secures regulatory approval to set up shop in Singapore appeared first on CryptoSlate.
2022-6-22 16:00 | |
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The cryptocurrency exchange will get a Major Payment Institution License from the country’s top financial regulator.
2022-6-23 13:10 | |
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Coinhako, an Asia-Pacific-based crypto exchange company, today announced that it has been granted the Monetary Authority of Singapore’s (MAS) official approval for a Major Payment Institution (MPI) license.
2022-5-10 18:19 | |
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LUNO OVERVIEW Luno exchange is one of the oldest crypto exchanges. It was created in 2013 by Marcus Swanepoel and was initially known as Bitx before being rebranded to Luno in 2017. Its head office is in London but it has other branches in Cape Town, South Africa, and Singapore.
2022-3-22 09:47 | |
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Data compiled by Vulcan Post shows that out of 176 digital payment token (DPT) license applications submitted to the Monetary Authority of Singapore (MAS), 103 have been rejected or withdrawn. The post Why is Singapore rejecting the majority of crypto licensing applications? appeared first on CryptoSlate.
2021-12-22 20:30 | |
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The cost of traditional banking transactions has come into focus once again as Amazon announced it would no longer accept Visa credit cards for payment in the UK. It was part of a battle that began earlier this year in Singapore and Australia where the e-commerce giant took steps to deter Visa credit card payments.
2021-12-1 10:51 | |
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imToken, a world-class blockchain technology company in Singapore, best known for its reliable decentralized crypto wallet, and FOMO Pay, a Singapore-headquartered major payment institution, which has been granted...
2021-11-11 12:27 | |
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Key takeaways Singapore’s MAS issues full licensure approval for DBS Vickers (DBSV) and Independent Reserve to provide digital payment token services. Other cryptocurrency exchanges and businesses are still under “in principle approval.
2021-10-3 19:44 | |
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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.
2021-10-2 23:15 | |
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DBSV and Independent Reserve previously received MAS’ in-principle approvals to provide digital payment token services.
2021-10-2 10:38 | |
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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 […]
2021-9-27 17:56 | |
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Leading cryptocurrency exchange Binance is reviewing the products and services it offers in Singapore in order to remain compliant with local regulations. On the weekend, Binance announced that starting on Sept.
2021-9-6 16:04 | |
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The Binance cryptocurrency exchange said that it will soon be ceasing SGD trading pairs, SGD payment options, and is removing its application from the Singaporean app stores. The post Binance Cuts Singapore Dollar Pairs After Troubles With MAS appeared first on BeInCrypto.
2021-9-6 19:14 | |
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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 […]
2021-9-3 22:00 | |
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Singapore has made significant strides in regulatory proactiveness as far as the cryptocurrency industry is concerned. One of the nation's largest payment providers in the country, FOMO Pay, has now bThe post Singapore grants city-state's first crypto-license to FOMO Pay appeared first on AMBCrypto.
2021-9-1 21:30 | |
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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.
2021-8-13 19:11 | |
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The Monetary Authority of Singapore (MAS) has approved DBS Vickers to provide trading services for digital payment tokens. The post Singapore Monetary Authority Approves Crypto Trading for DBS appeared first on BeInCrypto.
2021-8-13 15:47 | |
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Singapore’s DBS Bank announced today that its brokerage arm, DBS Vickers, would now be able to provide digital payment token services in Singapore as a mandated payment institution under the countryThe post DBS Vickers receives approval for crypto license in Singapore appeared first on AMBCrypto.
2021-8-12 13:00 | |
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Ripple client Tranglo gets “blessed” by regulators to start offering new payment services in Singapore and other Asian countries
2021-8-10 12:33 | |
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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.
2021-8-3 16:42 | |
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Singapore has taken another step towards securing its position as the region’s fintech hub with the in-principal regulatory approval of digital token payment services for a crypto exchange. The post Singapore Regulator Allows Crypto Exchange to Offer Digital Payment Token Services appeared first on BeInCrypto.
2021-8-3 12:56 | |
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SINGAPORE, July 12, 2021/Bingbon. com/– We are pleased to announce our partnership with Advcash, a payment platform supporting multiple fiat and cryptocurrencies, plastic and virtual prepaid cards, merchant tools, and robust account security features, all in a single, easy to use environment.
2021-7-13 16:01 | |
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Google and Alibaba are among 300 companies that have applied for licensing to provide various digital payment services in Singapore according to Sopnendu Mohanty, chief technology officer of the Monetary Authority of Singapore (MAS).
2021-6-5 19:32 | |
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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.
2021-4-28 17:53 | |
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Wall Street has become more accepting of cryptocurrencies and the blockchain in recent months. One of America’s biggest bank, JPMorgan has joined hands with Singapore’s Tamasek Holdings and DBS Group in a move to overhaul the blockchain-based foreign exchange and trade settlement for cross-border payments.
2021-4-28 16:59 | |
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The enhanced Payment Services Act passed yesterday requires any entity that facilitates the transmission, exchange, or storage of digital payment tokens (DPT) — otherwise known as cryptocurrencies — to be licensed.
2021-1-6 18:00 | |
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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 […]
2020-6-20 22:45 | |
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Singapore’s taxation authority has clarified how it taxes the transaction of payment, utility and security tokens.
2020-4-20 07:00 | |
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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).
2020-4-16 14:49 | |
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The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno, Upbit, and Wirex.
2020-3-28 07:30 | |
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U. S. crypto exchange giant is among a list of cryptocurrency companies granted temporary licensing exemptions by financial regulators in Singapore. The move is a direct result of the regulatory requirements imposed on virtual currency businesses on account of the country’s Payment Services Act (PSA).
2020-3-28 00:00 | |
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The team of Pundi X, a crypto payment service platform, announced it has been granted an exemption from Singapore regulator MAS for holding a license to operate in the country until July 28, 2020. Earlier this year (January 28, 2020) the Monetary Authority of Singapore (MAS) commenced a new Payment Services Act (PS Act) to […]
2020-3-26 01:40 | |
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To clarify a notice issued to digital payment token service providers in December, the MAS released a set of AML/CFT guidelines
2020-3-19 09:34 | |
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Midas, a one-stop cryptocurrency solution ecosystem, announced today that as of February 24, 2020, the company’s crypto exchange and payment platforms will no longer be operated by Midas Core Pte Ltd (a Singapore company) and will be operated by Midas Core Limited, a company incorporated and based in the British Virgin Islands (BVI).
2020-2-20 23:21 | |
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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.
2020-2-17 20:06 | |
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Binance cryptocurrency exchange has formally applied for a license that will enable it to operate in Singapore as a bitcoin (BTC) trading venue and crypto exchange in the region, in accordance with the recently implemented Payment Services Act (PSA), according to a South China Morning Post report on February 17, 2020.
2020-2-17 12:30 | |
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Stuart Alderoty, the Chief Legal Officer (CLO) of Ripple Labs has taken a firm stand in support of the cryptocurrency landscape, scathing the Chairman of the United States Securities and Exchange Commission (SEC) Gary Gensler for his incompetence in overseeing crypto assets.
In a noteworthy shift in the financial regulatory legal field, Ripple Chief Legal Officer (CLO) Stuart Alderoty has announced a crucial ruling by the Second Circuit Court of Appeals regarding the United States Securities and Exchange Commission (SEC) and Govil case.
Crypto attorney John Deaton has offered insights into the ongoing Securities and Exchange Commission (SEC) vs. Ripple lawsuit, suggesting a favorable outcome for the latter.
The United States Securities and Exchange Commission has submitted a new filing pushing for the approval of its request to appeal the court’s judgment in the lawsuit against Ripple Labs. This comes exactly a week after the payment technology platform argued that the court should not certify the commission’s interlocutory appeal. On September 1, Ripple […]
Ripple’s general counsel Stuart Alderoty pointed to the need to eliminate the regulatory sludge. Ripple’s general counsel Stuart Alderoty tweeted: 4 years since the (in)famous Hinman speech, and we’re nowhere closer on knowing how to classify digital assets in the...