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

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MAS 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

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Bank 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

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MAS’ 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

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MAS 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

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MAS 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

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MAS: 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

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MAS 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

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MAS 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

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MAS 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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