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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Singaporean branch of the nonprofit humanitarian organization Red Cross has partnered with the crypto payments gateway, Triple-A, to allow crypto donations. People can now donate four digital currencies — Bitcoin (BTC), Ethereum (ETH), USDT, and USDC.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Singapore’s Monetary Authority (MAS) has rolled out a regulatory framework for single-currency stablecoins linked to the Singapore Dollar or other G10 fiat currencies. With this new setup, any token with a circulation value over S$5 million will
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While blockchains continue to revolutionize payments by allowing instant transfers, Singapore’s central bank believes that three business days is a "timely transfer" for single-currency stablecoins (SCS), which is similar to transfer speed requirements for domestic money transfers. On Aug. 15, the Monetary Authority of Singapore (MAS) released its regulatory framework for
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Singapore's central bank has released a revised regulatory framework aimed at ensuring stability for single-currency stablecoins (SCS) regulated in the city-state.The Monetary Authority of Singapore announced the framework on Aug. 15 which is aimed at non-bank issued stablecoins pegged to the value of the Singapore dollar or G10 currencies such
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The company had received an in-principle approval from the Monetary Authority of Singapore last year. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Blockchain.com has received a license from Singapore’s regulatory body, the Monetary Authority of Singapore (MAS). The announcement follows the previous approval that the company received in September of last year from the MAS. The new license will allow
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Crypto exchange Blockchain.com has been granted a payments license from Singapore's central bank — the Monetary Authority of Singapore (MAS).Blockchain.com announced on Aug. 7 it received its major payment institution (MPI) from MAS on Aug. 1 allowing it to provide what the regulator calls digital payment token services to institutional and
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Humanitarian aid and community services charity, Singapore Red Cross, included cryptocurrency as a newly-accepted form of donation. The organization will accept Bitcoin, Ether, Tether and USD Coin donations. On August 7, Singapore Red Cross announced its partnership with the first crypto payment gateway licensed by the Monetary Authority of Singapore, Triple-A,
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Crypto lender Hodlnaut appears to have found a white knight investor to exit its bankruptcy proceedings. According to a Bloomberg report, OPNX exchange has made an offer to take over 75% of the company.The deal would see a capital injection of nearly $30 million worth of FLEX tokens into Hodlnaut
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Shanghai, China’s biggest city and financial center, plans to build a blockchain infrastructure by the end of 2025 and establish links with Hong Kong and Singapore for application in fields such as digital assets, transportation, industrial internet-of-things, supply chain finance, and carbon management, according to a government report issued on
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