News with the tag "Monetary Authority of Singapore"

Hex Trust, a cryptocurrency custodian and trading platform, has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), the firm said on Thursday. The license, granted on March 1, allows the firm to provide cross-border money transfers and digital payment to...

Singaporean department store chain Metro will allow its customers to make stablecoin payments both in physical stores and online at Metro Mall. According to a local publication, the Metro department store in Singapore has teamed up with Singaporean crypto payments firm DTCPAY to enable stablecoin pa...

Robinhood plans to launch crypto products in Singapore this year through recently-acquired crypto exchange Bitstamp. According to a Bloomberg report , vice president and general manager of Robinhood Crypto, Johann Kerbrat, revealed that the company has yet to decide on an official launch date. Howev...

Non-compliant stablecoins listed on Canadian-registered crypto platforms will be required to be delisted by Dec. 31, 2024.

Germany’s Deutsche Bundesbank has joined Project Guardian, a collaborative initiative by the Monetary Authority of Singapore, to advance asset tokenization. Deutsche Bundesbank, the central bank of Germany, has joined Singapore‘s Project Guardian, an initiative between policymakers and the financial...

Singapore regulators plan to advance tokenization efforts as the sector has witnessed an uptick in demand for tokenized assets across fixed-income, foreign exchange, and asset management markets. In a Nov. 4 announcement, the Monetary Authority of Singapore disclosed its intentions…

The Monetary Authority of Singapore (MAS) on Monday said it plans to deepen support for asset tokenization, pushing to lead in commercial networks. Singapore’s central bank to enhance liquidity and adoption of tokenization in financial services. This will boost cryptocurrencies and crypto projects i...

Gemini has received in-principle approval for a Major Payment Institution license in Singapore.

Komainu, a crypto custodian provider backed by Nomura Group, completed their first acquisition by buying Singaporean rival custodian Propine Holdings. According to an Oct. 22 Bloomberg report, Japanese Nomura-backed crypto custodian firm Komainu’s Propine purchase is still awaiting approval from…

Major Australian bank ANZ is interested in exploring how it can move its Australian dollar-backed A$DC stablecoin between blockchains.