Search Results for "ubin"
MAS Launches Project Ubin+
The Monetary Authority of Singapore (MAS) today launched Ubin+, an expanded collaboration with international partners on cross-border foreign exchange (FX) settlement using wholesale central bank digital currency (CBDC). Ubin+ will look into how atomic settlement based on digital currencies can improve
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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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Project Ubin: MAS Completes Final Phase Central Bank Digital Currency Project
The Monetary Authority of Singapore (MAS) and Temasek today jointly released a report to mark the successful conclusion of the fifth and final phase of Project Ubin. It provides technical insights into the blockchain-based multi-currency payments network prototype that was
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MAS Completes Another Project Ubin Blockchain Trial with SGX
The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) have developed Delivery versus Payment (DvP) capabilities, its built for the settlement of tokenised assets across different blockchain platforms. The hope is that this will help simplify post-trade processes and further
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MAS & ABS: Releases Project Ubin Blockchain Source Code to Encourage Innovation
The industry consortium led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) has released the report and source-codes on Project Ubin the distributed ledger prototypes for inter-bank payments. The report : ‘Re-imagining Interbank
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Top 18 Upcoming Fintech Events in APAC
Asia-Pacific (APAC) has one of the world’s most dynamic fintech ecosystems in the world, a burgeoning landscape that has blossomed on the back of an increasingly supportive regulatory environment, the region’s young and digitally-savvy population and rapid adoption of cutting-edged
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ASEAN’s Fintech Sector Attracts US$5.7Billion; Singapore Leads
Fintech innovation has driven economic growth, revolutionising financial services and bringing new solutions to meet evolving needs. Amid global uncertainties and challenges surrounding trust, security, and regulatory clarity, Singapore has emerged as a leading fintech hub in Southeast Asia. A
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MAS, NY Fed Publish Report on Wholesale CBDC Study for Cross Border Payments
The New York Federal Reserve and the Monetary Authority of Singapore (MAS) has published the report on the findings of their cross-border payments study. The Project Cedar Phase II x Ubin+ (Cedar x Ubin+) experiment found that distributed ledger technology
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Singapore’s GIC Increases Stake in Fintech Pagaya to 9%
Singapore’s sovereign wealth fund GIC has increased its stake in United States-Israeli fintech Pagaya Technologies from roughly 7% to 9%. The details of the transaction was not disclosed. GIC and Pagaya has also extended their existing funding agreement earlier this
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Are CBDCs a Threat to Monetary Policy? Possibly, Says IMF
Central Bank Digital Currencies (CBDCs) represent a transformative development in the financial industry, as a growing number of countries rapidly progress from theoretical considerations to focused research and pilot programs. The compelling advantages of CBDCs have garnered the attention of
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