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Singapore

New York Fed partners Singapore in wholesale CBDC trial
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16 November, 2022

New York Fed partners Singapore in wholesale CBDC trial

The Federal Reserve Bank of New York, which also launched another trial with major U.S. lenders, made it clear that...
Singapore’s attempts at becoming digital asset hub exclude asset trading and speculation
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6 November, 2022

Singapore’s attempts at becoming digital asset hub exclude asset trading and speculation

Ravi Menon says Singapore is not entirely closing its doors to adopting virtual assets so long as they are used...
Singapore launches first industry pilot for digital assets and decentralized finance
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5 November, 2022

Singapore launches first industry pilot for digital assets and decentralized finance

Dubbed Project Guardian, MAS is hoping to leverage DeFi to improve the securities sector as it increasingly leans towards distributed...
Monetary Authority of Singapore in no rush to launch CBDCs after concluding retail pilot
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4 November, 2022

Monetary Authority of Singapore in no rush to launch CBDCs after concluding retail pilot

MAS says it will conduct four more trials to test the viability of retail CBDCs despite the earlier claims that...
Singapore mulls ban on virtual asset trading amid sweeping changes
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28 October, 2022

Singapore mulls ban on virtual asset trading amid sweeping changes

Digital asset firms decry Singapore's proposal to introduce new regulations and ban credit for retail investors, saying that the move...
Singapore logs spike in digital asset scams as police say bulk of fraudsters are based abroad
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25 October, 2022

Singapore logs spike in digital asset scams as police say bulk of fraudsters are based abroad

Singapore's fraud cases involving digital assets ballooned to 631 by the end of 2021, with the majority of victims being...
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