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Tag: Monetary Authority of Singapore (MAS)

Regulators should not legitimize ‘purely speculative’ crypto activity: Singapore’s monetary authority chief

Regulators should not legitimize “purely speculative” activity in crypto markets following the collapse of cryptocurrency exchange FTX, said the chairman of the Monetary Authority...

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Prudential Singapore Gets Green Light From MAS for New Financial Advisory Arm

Prudential Singapore announced that it has received approval from the Monetary Authority of Singapore (MAS) to set up a new financial advisory firm.The company...

Singapore-Based Neobank Inypay Raising Funds Ahead of Mid-2023 Launch

Singapore-based Inypay announced that it will be launching its neobank, which has been in development for over 6 months, in Q2 2023.The key focus...

Singapore’s lobbyists oppose proposed blanket ban on lending crypto tokens

A crypto lobbying group based in Singapore has voiced its opposition to the proposal from the central bank to prohibit crypto firms from lending...

Singapore’s Top 5 Fintech Stories Last Year That Will Impact the Industry in 2023

It is no secret that the fintech industry in Singapore has been flourishing in recent years. This can be attributed to the city-state’s supportive...

PAX Gold (PAXG): Project Review, Recent Developments, Future Events, Community

Paxos, the issuer of PAXG has continued leading developments for regulated blockchain infrastructure platforms. Last month Paxos received a license from the Monetary Authority...

Top 10 Biggest Crypto Failures of 2022

This year has been a tough one for the crypto industry. From Bitcoin’s wild price swings to the implosion of major exchanges, it’s been...

FTX Files to Sell Four Independently Operated Subsidiaries

Yesterday, the collapse crypto exchange FTX filed a new motion to the Bankruptcy Court of Delaware to approve bidding procedures for four of the...

All 5 Singapore Digital Banks Are Now Members of the Credit Bureau

The five digital banks licensed by the Monetary Authority of Singapore (MAS) are now members of the island state’s credit bureau. This brings the...

The great convergence ‒ the encroachment of DeFi into CeFi

As is often the case with the advent of innovative technologies, the manifestation of the technology doesn’t always meet the inventor’s expectations. Is true DeFi...

Blockchain is transforming capital markets, and Singapore is leading the way: Opinion

Over the course of history, technological advancements have reshaped the nature of money and finance. The decades-long journey from analog to digital finance has...

UK and Singapore to Cooperate on Sustainable Finance, Fintech Innovation

The United Kingdom (UK) and Singapore have signed a Memorandum of Understanding to establish the UK-Singapore Fintech Bridge on Friday.At the 7th UK-Singapore Financial...

Sticking to Core Fundamentals Saved Polygon from FTX Calamity – Co-Founder Sandeep Nailwal

Advertisement &nbsp &nbsp The impact of FTX’s downfall is being felt all across the crypto spectrum. Since the FTX crisis began to unfold, the...

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