Tag "Hong Kong Monetary Authority"

Project Ubin: Exploring Singapore’s Digital Currency Project

Central bank digital currency (CBDC) is arguably one of the biggest developments in recent times that has the potential to reshape financial services as we know. China is of course one of the most prominent examples, since 2014 it has

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Here Are the 40 Solutions Shortlisted for the 2020 MAS FinTech Awards

The Monetary Authority of Singapore (MAS) announced Thursday that 40 solutions have been shortlisted for the MAS FinTech Awards to be presented at this year’s Singapore FinTech Festival x Singapore Week of Innovation and TeCHnology (SFF x SWITCH). The theme

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MAS Announces Successful Trial of Blockchain Based Prototype for Multi-Currency Payments

The Monetary Authority of Singapore (MAS) announced that they have led the successful development of a blockchain-based prototype that enables payments to be carried out in different currencies on the same network. In a media statement, they stated that this

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First 5 Licensed Players in Hong Kong Digital Payment Landscape

Hong Kong had granted Stored Value Facilities (SVF) Licenses to the first 5 batch of digital payment payment providers last month according to Startup Beat. This is in response to Payment Systems and Stored Value Facilities Ordinance which came into

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