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Monetary Authority of Singapore

Singapore central bank’s white paper explores standards, use cases for digital money
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26 June, 2023

Singapore central bank’s white paper explores standards, use cases for digital money

Singapore believes digital money would be key in revitalizing the future of the financial and payments sector, laying out standard...
Singapore and New York regulators collaborate on CBDC interoperability in new study
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22 May, 2023

Singapore and New York regulators collaborate on CBDC interoperability in new study

The experiment aims for "a future digital currency landscape" that enables interoperability of wholesale CBDCs to facilitate cross-border payment, according...
Singapore central bank working on digital asset banking standards
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16 April, 2023

Singapore central bank working on digital asset banking standards

The MAS is in a working group with banks and authorities to develop standards for banks to onboard VASPs; however,...
Monetary Authority of Singapore to publish feedback on digital currency and stablecoin consultation in Q2
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24 March, 2023

Monetary Authority of Singapore to publish feedback on digital currency and stablecoin consultation in Q2

The consultation papers dealt solely with proposals designed to protect investors from the risks associated with dabbling in digital currencies...
SWIFT’s cross-border CBDC experiments show promise as participants prepare for phase 2
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14 March, 2023

SWIFT’s cross-border CBDC experiments show promise as participants prepare for phase 2

The 12-week study, involving 18 banks and financial institutions, shows the potential utility of CBDCs in settling cross-border transactions, prompting...
India explores cross-border payment functionality with Singapore
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26 February, 2023

India explores cross-border payment functionality with Singapore

The UPI-PayNow integration will provide a seamless cross-border transaction between India and Singapore, with citizens of both nations being able...
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