India expands national payment network to Singapore: What’s in it for crypto?
One of the banking partners in the cross-border remittance service
Read MoreOne of the banking partners in the cross-border remittance service
Read MoreAsia’s biggest financial centers seem eager to encourage the growth of the crypto industry while protecting consumers and preventing contagion if things go wrong. Source
Read MoreSingapore’s senior minister and the chairman of the central bank, the Monetary Authority of Singapore (MAS), says there should be just “one regulatory system” for both crypto and traditional finance. In addition, he stressed that regulators should provide “ultra clarity as to what’s an unregulated market,” so investors are aware
Read MorePlace/Date: Singapore - January 9th, 2023 at 11:16 am UTC · 3 min read Contact: Blockchain Fest, Source: FINEXPO Photo: FINEXPOOn 16-17 February 2023, thousands of professionals in the Blockchain, Exchanges, Cryptocurrencies, NFTs, DeFi, Mining, Gaming, Online Payments, Investment, and FinTech Industries will
Read MoreThe firm had originally said on Sept. 13: “In practice, PoolinWallet will offer IOU-token to token single-direction swap in the Trade function, allowing users to trade their IOUBTC to BTC, IOUETH to ETH, IOUUSDT to either USDT or USDC, IOULTC to LTC, IOUZEC to ZEC, IOUDoge to Doge, quarterly. Also,
Read MorePlace/Date: Singapore - December 6th, 2022 at 2:22 pm UTC · 3 min read Source: FINEXPO On 16-17 February 2023, thousands will descend on Marina Bay Sands Convention Center, Singapore, for attending Blockchain Fest Singapore 2023, the most interactive event on Blockchain, Exchanges, Cryptocurrencies, NFTs, DeFi, Mining,
Read More"Pending the finalization of the framework, MAS requires Singapore-incorporated banks to apply a 1250% risk weight for exposures to riskier crypto assets such as Bitcoin and Ether," he said. "... Based on MAS’ minimum total capital adequacy requirement of 10% for systemically important banks incorporated in Singapore, this means that
Read MoreThe collapse of the now-bankrupt cryptocurrency exchange FTX has put the Singapore prime minister and the ruling government in a hot seat. Prime Minister Lee Hsien Loong and Deputy Prime Minister Lawrence Wong are set to face grilling questions for their failure to protect retail investors.The Members of Parliament (MP)
Read MoreOver the course of history, technological advancements have reshaped the nature of money and finance. The decades-long journey from analog to digital finance has resulted in cash all but disappearing from our lives and made transactions quicker, easier and cheaper. The same transition is now transforming capital markets, with financial
Read MoreThe Monetary Authority of Singapore (MAS), the regulator overseeing the crypto sector, has defended the action it took against crypto exchange Binance and not the collapsed crypto platform FTX. The central bank also warned that cryptocurrencies are “highly volatile and many of them have lost all value.” Singapore’s Central Bank Clarifies
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