Search Results for "ubin"
Ravi Menon Lays Out Singapore’s Crypto Hub Ambitions at SFF 2022
Singapore wants to be a crypto hub, but only if it means being a hub for sound and well-regulated tokenised and digital assets with value-adding use cases, according to the Monetary Authority of Singapore (MAS). This means discouraging retail investment
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Fintech in Singapore: 2021 in Review
In 2021, Singapore continued to pursue its ambition to become a world leader in fintech innovation, multiplying initiatives to foster green fintech, explore opportunities related on central bank digital currency (CBDC), and lay the foundation for open finance. Leading fintech
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What Does It Mean to Burn Ethereum?
In a recent Twitter post by blockchain research firm CryptoRank, they revealed that over 1 million Ether (ETH), worth roughly around US$ 4 billion, had been “burned” since the EIP-1559 protocol (also called the London Hard Fork) was introduced in
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Partior Pilots SGD and USD Settlements in Near Real Time With Participating Banks
Partior, a blockchain technology provider for payments clearing and settlement, announced that it is operational and has begun its first pilot with participating banks, achieving end-to-end settlements in SGD and USD of less than 120 seconds. The new platform uses
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Top 10 Reasons to Attend Hong Kong Fintech Week 2021
In its sixth edition, Hong Kong Fintech Week will completely reinvent your previous event experience by combining a physical conference in Hong Kong Convention and Exhibition Centre with digital access from anywhere in the world. With only a few weeks
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DBS, J.P. Morgan and Temasek’s Joint Venture Partior Taps OVO’s Former Chief as New CEO
Partior, a newly-created, blockchain-based clearing and settlement technology platform, announced the appointment of Jason Thompson as its Chief Executive Officer. The platform is a joint venture between investment company Temasek, and banks DBS and J.P. Morgan, with its genesis from
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The Trillion Dollar Cross-Border Payments Market is Getting a Makeover
The trillion-dollar cross-border payments market is getting a revamp, fueled by technological advances, a changing regulatory landscape and a rush of new entrants promising to solve customers’ long-lasting pain points. During Fintech Fireside Asia’s latest panel discussion, top executives from
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MAS Seeks Innovative Digital Currency Solutions Through New Global Challenge
The Monetary Authority of Singapore (MAS) announced the launch of a global challenge for retail Central Bank Digital Currency (CBDC) solutions. The Global CBDC Challenge seeks innovative retail CBDC solutions to enhance payment efficiencies and promote financial inclusion. MAS had
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AFIN and R3 to Launch New Digital Currency Sandbox to Test CBDC Apps
The ASEAN Financial Innovation Network (AFIN) has partnered with R3, an enterprise blockchain software provider, to enable banks and fintechs to build and test Central Bank Digital Currency (CBDC) applications and drive its innovation and adoption globally. AFIN is a
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3 Ways Singapore Is Trailblazing the Cross-Borders Payments Scene
As digitalization blurs the physical borders between countries, it is estimated that the total global cross-border payment flow can surpass USD156 trillion by 2022. In the European Union (EU), the Single Euro Payments Area (SEPA) is a timely solution that
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