Tag: MAS

spot_img

Singapore Continues its March Towards Cryptocurrency Regulations

The city-state of Singapore is cementing its position a progressive destination for both cryptocurrencies and blockchain-based technology. Governmental authorities are now pressing to broaden...

Singapore to Help Cryptocurrency Businesses Set Up Local Bank Accounts

In a new development attesting Singapore’s increasing acceptance of cryptocurrencies, the city-state’s Monetary Authority revealed that it’s willing to assist digital currency companies with...

Singapore’s Central Bank Finds Blockchain to Be ‘Fundamental’ For Financial Services

During the week of Consensus in Singapore, a senior official from the city-state’s Monetary Authority of Singapore (MAS), which is the de facto Central...

Singapore Warns 8 Digital Currency Exchanges to Stop Trading Unregistered Crypto Tokens

Singapore's central bank and financial regulatory authority has warned eight digital currency exchanges in the country not to allow the trading of tokens without...

KPMG Report: Singapore Hits Fintech Funding Record with $229 Million in 2017

Singapore fintech funding rose to a record of US$229.1 million in 2017, driven by two large deals in the fourth quarter. Two of the top...

Speculating Cryptocurrency Investors Could ‘Negatively Impact’ Experimental Value, Says MAS Executive

Cryptocurrency investors who speculate in market prices could adversely affect the growing technology, according to an executive at Singapore's central bank. Speaking to CNBC, Sopnendu Mohanty,...

Singapore’s Deputy Prime Minister: ‘No Strong Case to Ban Cryptocurrency Trading’

Singapore's deputy prime minister has said that there is 'no strong case to ban cryptocurrency trading' as they don't pose a risk to the...

MAS Aims to Regulate Issuance of Digital Tokens and Cryptocurrency ICOs

Cryptocurrency ICOs have attracted a lot of attention recently. More specifically, they attract a lot of scrutiny from regulators around the world. The Monetary...

R3 Consortium And MAS To Establish Centre of Excellence In Singapore

The R3 blockchain consortium welcomed yet another new partner this week. Unlike all of the previous partnerships, this news related to the creation of...