Tag "Monetary Authority of Singapore (MAS)"
DPM Heng Swee Keat Reiterates Mission to Nurture Fintech Talents With AIDF
The Asian Institute of Digital Finance (AIDF) has been officially launched in Singapore by Heng Swee Keat, the Deputy Prime Minister and Coordinating Minister for Economic Policies. The Monetary Authority of Singapore (MAS), the National Research Foundation (NRF) and the
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MAS Joins Regulators Worldwide to Pin Binance Onto Its Investor Alert List
The Monetary Authority of Singapore (MAS) has joined a number of regulators worldwide to add Singaporean crypto exchange platform Binance to its investor alert list. The beleaguered crypto exchange had previously applied for a license to offer digital payment token
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London Stock Exchange Sets up Sustainability-Focused Finance Unit in Singapore
London Stock Exchange Group (LSEG) has launched a dedicated sustainable finance innovation unit in Singapore as a part of its new LSEG Labs network. According to LSEG, the unit will be focused on creating sustainable finance capabilities to accelerate innovation
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Digital Payment Token Services Among Three New Licenses Granted to FOMO Pay
FOMO Pay, a QR code payment solution provider in Singapore, has been granted new licenses from the Monetary Authority of Singapore (MAS) to operate three new regulated activities. Starting today, merchants can now leverage on FOMO Pay services to accept
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Hong Kong’s Hex Trust Secures Digital Custody License From MAS
Hex Trust, a Hong Kong-based digital asset custodian, has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). The CMS license allows the company to provide custodial services regulated under Singapore’s Securities and Futures Act.
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US, MAS Announce Cybersecurity Cooperation During Kamala Harris’ Visit
The United States Department of the Treasury and the Monetary Authority of Singapore (MAS) has finalised a bilateral Memorandum of Understanding (MoU) on cybersecurity cooperation during US Vice President Kamala Harris’ visit to Singapore. MAS said in a statement that
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MAS Set to License DBS’ Brokerage Arm for Digital Payment Token Services
DBS Vickers (DBSV), the brokerage arm of DBS Bank, has received in-principle approval from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PSA) to provide digital payment token services. DBSV is one of the first few financial
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MAS’ Singapore Fintech Festival 2021 Kicks Into High Gear
The Monetary Authority of Singapore (MAS) announced that the Singapore Fintech Festival (SFF) will take place from 8 to 12 November, as a hybrid digital and physical event. A company limited by guarantee (CLG) will also be incorporated to spearhead
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BIS, MAS Plots Blueprint for a Global Real-Time Retail Payments Network
The Bank for International Settlements Innovation Hub Singapore Center and the Monetary Authority of Singapore (MAS) published a proposed blueprint to enhance the global payments network connectivity via multilateral linkages of countries’ national retail payment systems. Titled Project Nexus, this
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MAS Pushes for AI Innovation With Global Challenge Ahead of Its Fintech Festival
The Monetary Authority of Singapore (MAS) in collaboration with ASEAN Financial Innovation Network (AFIN) and Accenture has announced the launch of the inaugural Global Veritas Challenge where the theme revolves around “Codifying Responsible AI”. The competition seeks to accelerate the
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