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Monetary Authority of Singapore

Singapore’s new president is a digital asset sceptic who once called crypto ‘slightly crazy’

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11 September, 2023

Singapore’s new president is a digital asset sceptic who once called crypto ‘slightly crazy’

Tharman Shanmugaratnam, who won over 70% of the votes to become president, is a former MAS chair and IMF executive...

Monetary Authority of Singapore finalizes regulatory framework for stablecoins

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18 August, 2023

Monetary Authority of Singapore finalizes regulatory framework for stablecoins

Singapore's central bank announced a new regulatory framework for stablecoins that seeks to "ensure a high degree of value stability...

Monetary Authority of Singapore commits over $100M to drive fintech innovation

Wahid Pessarlay

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11 August, 2023

Monetary Authority of Singapore commits over $100M to drive fintech innovation

Singapore’s central bank is allocating SGD 150 million (US$111 million) to develop innovative fintech solutions, under the third iteration of...

Singapore orders digital currency firms to keep customer funds ‘under statutory trust’

Wahid Pessarlay

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6 July, 2023

Singapore orders digital currency firms to keep customer funds ‘under statutory trust’

Under the new measures, digital currency firms in Singapore are expected to "segregate customers' assets from its own assets and...

Monetary Authority of Singapore proposes new design framework for digital currencies

Wahid Pessarlay

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3 July, 2023

Monetary Authority of Singapore proposes new design framework for digital currencies

The latest report is part of the central bank’s broader study under the umbrella of Project Guardian, looking into the...

Singapore central bank issues Project Guardian report following experimentation with 3 use cases

Wahid Pessarlay

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30 June, 2023

Singapore central bank issues Project Guardian report following experimentation with 3 use cases

The Monetary Authority of Singapore, along with notable financial firms and the BIS, conclude their exploration of blockchain interoperability in...

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