Tag "Monetary Authority of Singapore (MAS)"
KPMG to Accelerate Embedded Finance Adoption in Singapore With New Hub
KPMG announced plans to launch Singapore’s first embedded finance hub to provide incubation support to enterprises and financial institutions by matching participants across the industry and providing knowledge in specific areas of embedded finance. The hub is set to run
Read MoreMAS Mulls Further Measures to Safeguard Retail Investors From Crypto Trading Risks
The Monetary Authority of Singapore (MAS) said that it is considering further measures to mitigate consumer harm emerging from cryptocurrency trading at the Green Shoots Seminar yesterday. Ravi Menon, Managing Director at MAS added that the regulator had issued numerous
Read MoreBank Indonesia and MAS to Pilot Cross-Border QR Code Payments Linkage
Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) has begun developing the cross-border QR payment linkage between the two countries as part of the ASEAN-wide payments connectivity effort. This linkage, which is targeted to be launched in the
Read MoreMAS’ Singapore Fintech Festival Makes Its Return in 2022 as a Physical Event
The Monetary Authority of Singapore (MAS) has announced the return of the Singapore Fintech Festival (SFF) as an in-person event to be held from 2 to 4 November 2022 at the Singapore EXPO. SFF 2022 is organised by MAS and
Read MoreMAS Mulling Stablecoin Regulation in the Wake of TerraUSD and Luna Collapse
The Monetary Authority of Singapore (MAS) is actively reviewing its approach to the regulation of stablecoin in the wake of the collapse of the TerraUSD (UST) and Luna tokens, and will consult the public in the coming months. The regulator
Read MoreMAS Issues Full DPT License to Digital Treasures Center
Digital Treasures Center (DTC), a payment company based on distributed ledger technology, announced that it has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The company was previously granted an in-principle approval in March
Read MoreMAS: The World Needs to Move Beyond Just Green Finance to Transition Finance
Green finance alone is not enough as the world, and Asia in particular, needs transition finance, according to Ravi Menon, Managing Director at the Monetary Authority of Singapore (MAS). During the MAS Sustainability Report 2021/2022 media conference, he added that the
Read MoreMAS Join Hands With Google Cloud to Drive Climate Fintech Innovation in Asia
The Monetary Authority of Singapore (MAS) and Google Cloud have jointly launched the Point Carbon Zero Programme to drive the innovation, incubation and scaling of climate fintech solutions in Asia over the next three years. The programme is a collaboration
Read MoreMAS to Broaden Focus On Crypto Regulations to Include Consumer Protection
The Monetary Authority of Singapore (MAS) is set to take a more comprehensive approach to crypto regulations and is targeting to consult on proposed measures in the next few months. According to Ravi Menon, Managing Director of MAS, the regulator
Read MoreMAS Considers Imposing Additional Safeguards Against Crypto Trading
The Monetary Authority of Singapore (MAS) has been carefully considering the introduction of additional consumer protection safeguards to protect them against sharp speculative price swings. Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS said in a parliamentary reply
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