Digital Assets

dtcpay Taps Sumsub’s e-KYC Solution for Secure Digital Currency Transactions

Singapore-based digital payments platform dtcpay has tied up with global full-cycle verification platform Sumsub to enhance the security and reliability of digital currency transactions in target markets, including Singapore, Hong Kong, Dubai, the UK, and Europe. Sumsub’s e-Know Your Customer

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Grab Partners Circle to Bring Web3.0 Experiences for Singapore Users

Circle Internet Financial and Southeast Asian ride-hailing super app Grab has partnered to pilot Web3.0 customer experiences in Singapore. Grab’s foray into Web3.0 was reported by Fintech News Singapore on Monday (11 September). The article features screen grabs of the

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StanChart’s Zodia Custody Expands to Singapore

Zodia Custody, a digital asset custodian backed by banks, has expanded to Singapore. Standard Chartered, SBI Holdings and Northern Trust are among Zodia’s shareholders. According to Zodia, it is the first entity owned by, and partnered with, banks to provide

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MAS Approves Digital Asset Exchange AsiaNext as Recognised Market Operator

AsiaNext, a digital asset exchange for institutional investors, announced that it has secured a license as a Recognised Market Operator (RMO) from the Monetary Authority of Singapore (MAS). The license allows AsiaNext to operate an organised market for securities and

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YES BANK Expands e-Rupee Acceptance with UPI QR Code Integration

India’s YES BANK has enabled Unified Payments Interface (UPI) interoperability on the Reserve Bank of India’s (RBI) Central Bank Digital Currency (CBDC) app. This enables users to scan any UPI QR code through the YES BANK Digital Rupee app and

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7 Key Areas to Know About The New Stablecoins Framework in Singapore

Stablecoins, emerging as a new category of digital payment tokens (DPTs), hold immense potential to transform payment methods. The Monetary Authority of Singapore (MAS) has streamlined and finalised its approach towards a framework for stablecoins in Singapore, taking into account

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MAS Lays Out Finalised Stablecoin Framework

The Monetary Authority of Singapore (MAS) has finalised its new stablecoin regulatory framework which included feedback from a public consultation in October 2022. The regulator said that the framework will apply to single-currency stablecoins (SCS) pegged to the Singapore Dollar

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Strong Support for CBDCs in Emerging Asia, But Concerns Loom

The rise of digital technologies has triggered a paradigm shift in the financial landscape, with central bank digital currencies (CBDCs) emerging as a crucial topic of discussion among policymakers and financial professionals globally. As the opportunities and challenges of incorporating

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Blockchain.com Secures Digital Payment Token License in Singapore

Crypto company Blockchain.com was granted a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS) on 1 August 2023. With this new license, Blockchain.com will be able to provide regulated digital payment token (DPT) services to its

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Abhi Bisarya Takes Helm as Chief Product Officer at Crypto.com

Digital asset exchange Crypto.com has promoted Abhi Bisarya as its Chief Product Officer. In this role, Bisarya will continue to lead Crypto.com’s product development and strategy as part of the company’s executive leadership team. Formerly the EVP for Product at

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