Singapore's MAS mandates DTSP licenses for crypto platforms by mid-2025.
Cumberland SG secures in-principle approval for a Major Payment Institution license from Singapore's Monetary Authority.
Cumberland's subsidiary gets Singapore's MAS approval for MPI License, following resolution with the US SEC over previous charges.
BitGo Singapore has launched a MAS-regulated crypto exchange, targeting institutional demand in Asia with custody and trading services.
South Korea's Financial Intelligence Unit suspects Upbit of 600,000 KYC violations, potentially leading to hefty fines. This further scrutinizes Upbit, already under investigation for its market influence. Despite efforts to enhance transparency, Upbit's dominance in the South Korean crypto market challenges regulatory practices and prompts discussions on KYC compliance.
Deutsche Bundesbank joins Project Guardian, led by Singapore’s MAS, to advance tokenized finance and establish global standards for tokenized assets.
Project DAMA 2 unveiled by MAS as part of Project Guardian in Singapore.
MAS observes growing interest in asset tokenization, especially in fixed income, FX, and asset management.
The Monetary Authority of Singapore (MAS) is advancing asset tokenization in financial services through new regulatory measures and initiatives, including Project Guardian, to foster commercial networks and standardize tokenized assets frameworks.
The Monetary Authority of Singapore (MAS) aims to boost asset tokenization in the financial sector by enhancing liquidity and forming commercial networks.
Singapore's MAS released frameworks to advance tokenization in funds and fixed-income markets, aiming to increase liquidity.
Paxos launches USDG stablecoin in Singapore, compliant with MAS regulations and backed by DBS Bank's reserves management.
Paxos has launched USDG, a stablecoin backed by USD, in partnership with DBS Bank and compliant with Singapore's MAS framework.
JST Digital saw a substantial rise in trading activity and almost tripled its client base in 2023 after receiving in-principle approval from MAS.
The MPI license will allow OKX SG to offer services related to digital payment tokens and cross-border transfers.
BitGo secures a Major Payment Institution License from Singapore's MAS, enhancing its presence in Singapore.
BitGo received in-principal approval for MPI from Singapore's MAS to offer DPT services.
HashKey OTC received an MPI license from MAS, allowing it to offer unrestricted payment services like digital payment tokens and cross-border transfers.
Partnership Announcement with @UNDPtech! Universal Trusted Credentials (UTC) launched in collaboration with @MAS_sg will leverage #ICP to enhance digital credential security to foster digital trust and financial inclusion for MSMEs globally 🌐 https://t.co/OdYMhsF1rh
Paxos recibió la aprobación completa de la Autoridad Monetaria de Singapur para ofrecer servicios de tokens de pago digital.
Singapore commits $74.3M for enhancing quantum computing and AI in the finance sector.
