Singapore banks DBS, OCBC and UOB have conducted live SGD interbank transactions together using tokenised deposits for the…
Digital Assets
Visa wants to make it easier for stablecoin card providers to secure funding through onchain lending. With the…
Crypto exchange Gemini has secured a Major Payment Institution licence from the Monetary Authority of Singapore. According to…
Circle has agreed to acquire Singapore-based cross-border payments firm Tazapay in an all-stock deal valued at US$400 million,…
DBS and Citi used tokenised deposits to complete a cross-border US dollar payment between Singapore and the United…
Citi has processed live US dollar transactions with First Abu Dhabi Bank and OCBC using Swift’s blockchain-based ledger.…
Thailand’s SEC will require digital asset operators to share sender and recipient information for transfers from 27 February…
BitGo has opened a new office in Singapore after tripling its Asia Pacific client base over the past…
A group of 21 financial institutions plans to launch a US dollar stablecoin in the first half of…
KAST has introduced a business platform that uses stablecoins to settle cross-border transactions around the clock. KAST Business…
Singapore is moving closer to regulating stablecoin issuers under a dedicated framework. The Monetary Authority of Singapore (MAS)…
The Bank for International Settlements (BIS) has backed tokenised deposits as a stronger foundation for future payments than…
Nium now allows businesses to fund their accounts with USDC and make fiat payouts in more than 190…
UOB and HSBC have completed live cross-border Hong Kong dollar transactions using tokenised deposits on Swift’s ledger. The…
Revolut has launched its first stablecoin as part of plans to expand its cryptocurrency services. The euro-denominated token,…
Visa is working with Nium to explore seven-day stablecoin settlement through Singapore’s BLOOM initiative. Led by the Monetary…
Fasset has raised US$68 million in a Series C funding round led by Japan’s SBI Group, valuing the…
Stablecoins and tokenised real-world assets are pulling banks, neobanks and other regulated institutions deeper and more willingly into…
DBSÂ is expanding its tokenised finance business after handling about S$10 billion in tokenised payments over two years. Investment…
Fireblocks has appointed former US Securities and Exchange Commission Acting Chairman Elad Roisman to lead its regulatory strategy.…