Tag "Monetary Authority of Singapore (MAS)"

MAS: Over 9000 Job Opportunities to Be Created in the Financial Sector This Year

The Monetary Authority of Singapore (MAS) estimates that there will be more than 9,400 new hiring opportunities for permanent roles in the financial sector in 2022 as the country is now home to over 50 global and regional innovation labs

Read More

STACS Officially Launches ESGpedia Powering MAS’ ESG Registry

Hashstacs (STACS), a blockchain-based fintech firm focused on Environmental, Social, and Governance (ESG), has developed and officially launched its ESGpedia registry platform. ESGpedia aims to improve sustainability data quality to support more effective sustainable finance. The registry was launched with

Read More

MAS’ Ravi Menon Lays out Expectations for Crypto Operators

Crypto service providers need to have the ability to manage the risks, said Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS) at the Financial Times’ Crypto & Digital Assets Summit. He mentioned that there are four risks

Read More

Luno Secures MAS’ In-Principle Approval to Offer Crypto Services

Global cryptocurrency company Luno has been granted in-principle approval from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PSA) to provide Digital Payment Token (DPT) services in Singapore. MAS has granted in-principle approvals to Coinhako, Hodlnaut, Paxos, Digital

Read More

Singapore and Australia to Deepen Fintech Collaboration

Australia Treasury and the Monetary Authority of Singapore (MAS) jointly announced that they have signed the Australia-Singapore Fintech Bridge Agreement. The commencement of discussions to develop the Fintech Bridge was announced in June 2021, when Australian Prime Minister Scott Morrison

Read More

Hugosave Secures Major Payment Institution License From MAS

Hugosave, Singapore’s all-in-one digital account that helps consumers spend, save, and invest, starting with gold, announced that it has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). As the bearer of an MPI license,

Read More

MAS to Take Action Against Crypto Exchanges Who Bypass Russia Sanctions

The financial measures that were imposed by the Singapore Government in relation to Russia applies to all financial institutions in the country, including digital payment token (DPT) service providers, according to a Parliamentary reply yesterday. Tharman Shanmugaratnam, Senior Minister and

Read More

BIS Innovation Hub and MAS Developed a Supervisory Analytics Platform

The BIS Innovation Hub Singapore Center and the Monetary Authority of Singapore (MAS) have jointly developed a new supervisory analytics platform known as Project Ellipse. The platform successfully demonstrates how regulatory and other data, such as articles and news, can

Read More

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

Read More

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

Read More