Digital Assets
Digital Treasures Center Gets In-Principle Approval for Digital Payment Token Services
The Monetary Authority of Singapore (MAS) has granted in-principle approval to Digital Treasures Center (DTC), a payment company based on distributed ledger technology. With a license under the Payment Services Act to offer Digital Payment Token services, DTC will be
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Hodlnaut Gets MAS’ In-Principle Approval for Digital Payment Tokens Services
Cryptocurrency platform Hodlnaut announced that it has received in-principle approvals from the Monetary Authority of Singapore (MAS) to be a Major Payment Institution License under the Payment Services Act. Hodlnaut currently offers two digital payment tokens (DPT) services, namely its
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Paxos Secures MAS’ In-Principle Approval for Digital Payment Tokens Services
Paxos, a regulated blockchain infrastructure platform, announced it has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate digital payments token services under the Payment Services Act. With this license, Paxos is now able to offer its
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Sygnum Singapore Gets In-Principle Approvals to Expand Digital Asset Offerings
Sygnum, the digital asset technology group based in Singapore and Switzerland, has received in-principle approvals from the Monetary Authority of Singapore to expand its digital asset product offerings. The company already has an existing Capital Markets Services (CMS) license and
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Digital Asset Asset Exchange ECXX Graduates from MAS’ Sandbox
Digital asset exchange ECXX announced today that it has graduated from Sandbox Express under the Monetary Authority of Singapore’s (“MAS”) Fintech Regulatory Sandbox Framework with the Recognised Market Operator(“RMO”) license with effect from 1 January 2022. ECXX successfully entered the
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SBI-Sygnum-Azimut Digital Asset Fund Makes its First Investment Into Coinhako
The SBI-Sygnum-Azimut Digital Asset Opportunity (DAO) fund announced that it has made its first investment into Singaporean cryptocurrency platform Coinhako. Japanese financial group SBI Holdings, Swiss-based digital asset bank Sygnum, and European asset manager Azimut Group had jointly launched the
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Digital Assets Trading Platform Sparrow Offers PayNow Services for Institutional Clients
Sparrow, a digital assets trading platform headquartered in Singapore, announced that it now accepts PayNow transfers for institutional clients. PayNow is a convenient and secure method of transfer which is in line with the high-security standards adopted by the local
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Digital Assets Trading Platform Sparrow Raises US$4.4 Million Series A
Sparrow, a digital assets trading platform headquartered in Singapore, has raised US$4.4 million in Series A funding led by Gain Loyal, an investment company focusing on real estate investments in Asia. The company intends to use the funds to create
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Xfers’s Digital Assets Platform StraitsX Rebrands, Hits SGD 2 Billion in Transactions
StraitsX, a Southeast Asian digital assets platform developed by Xfers, announced that it has surpassed the SGD 2 billion mark in digital assets-related transactions on its payment platform in 2021 and will be rebranding its platform. The new StraitsX platform
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