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Tag "Monetary Authority of Singapore (MAS)"

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MAS Mulls Supervisory Actions Following DBS’ Two-Days Service Disruption

The Monetary Authority of Singapore said that it will consider appropriate supervisory actions after DBS Bank conducts an investigation following the disruption of its digital banking services that lasted for two days. According to Bloomberg’s report, Marcus Lim, Assistant Managing

Blockchain/Bitcoin

“No Pressing Need” for a Digital Singapore Dollar Despite Benefits

There is “no pressing need” for a retail central bank digital currency (CBDC) in Singapore at this point in time, but market shifts and changing customer expectations are nevertheless forcing the central bank to prepare for a possible issuance in

Singapore Fintech Festival 2021

MAS, Singapore Fintech Association Announces the Winners of SFF Global Fintech Awards

The SFF Global FinTech Awards brings together the Fintech Awards previously presented separately by the Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) at the Singapore Fintech Festival. The theme for this year’s Awards is “Emerging from

Singapore Fintech Festival 2021

Check Out the Winners of the Green Finance Themed Global Fintech Hackcelerator

The Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) announced the award winners of the Global Fintech Hackcelerator at the Singapore Fintech Festival. The theme for this year’s Global Fintech Hackcelerator is “Harnessing Technology to Power Green

Blockchain/Bitcoin Singapore Fintech Festival 2021

Meet the Winners of MAS’ Global CBDC Challenge

The Monetary Authority of Singapore (MAS) has announced the winners of the Global Central Bank Digital Currency Challenge (Global CBDC Challenge) at the Fintech Awards Ceremony of the Singapore Fintech Festival (SFF). Selected from 15 finalists, the three top winners each

Blockchain/Bitcoin Trade Finance

IMDA, MAS and ADGM Complete World’s First Digital Trade Financing Pilot

Singapore’s Infocomm Media Development Authority (IMDA), the Monetary Authority of Singapore (MAS) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) have successfully concluded the world’s first cross-border digital trade financing pilot of its kind. Commercial

AI Singapore Fintech Festival 2021

Check Out the 3 Winners of MAS’ Global Veritas Challenge 2021

The Monetary Authority of Singapore (MAS) has announced the three winners of the inaugural Global Veritas Challenge 2021 where each of them received a cash prize of S$50,000. The winners, selected from a pool of ten finalists, successfully addressed key

Blockchain/Bitcoin Singapore Fintech Festival 2021

MAS Says Crypto Unsuitable as Money, Lays Groundwork for Digital Singapore Dollar

Cryptocurrencies have performed poorly as a medium of exchange, a store of value, or a unit of account said Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS) during a speech at the Singapore Fintech Festival today.

Singapore Fintech Festival 2021

Here’s an Overview of MAS’ Four Pilot Programmes under Project Greenprint

The Monetary Authority of Singapore (MAS) announced that it will form partnerships to pilot four digital platforms under Project Greenprint, to address the financial sector’s needs for quality data on sustainability. Project Greenprint was launched in December 2020 and one

Singapore Fintech Festival 2021

MAS Rolls Out Sandbox Plus With Three Major Upgrades

The Monetary Authority of Singapore (MAS) has announced three enhancements to its Fintech Regulatory Sandbox framework dubbed as Sandbox Plus and will take effect on 1 January 2022. MAS launched the sandbox in 2016 to encourage and enable experimentation of