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Monetary Authority of Singapore

UBS pilots Digital Cash for cross-border payments
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14 November, 2024

UBS pilots Digital Cash for cross-border payments

The pilot participants conducted local transactions in Swiss francs and global transfers in USD, euros, and yuan for faster and...
Singapore launches fintech center to push AI, tokenization
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12 November, 2024

Singapore launches fintech center to push AI, tokenization

Known as the Global Finance & Technology Network, the new center builds on Singapore’s fintech initiatives and replaces the non-profit...
Moody’s joins Singapore’s Project Guardian to assess tokenization risk
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29 July, 2024

Moody’s joins Singapore’s Project Guardian to assess tokenization risk

Moody’s will focus on fixed-income workstreams, from fractionalized bonds and stablecoins to tokenized deposits for Singapore’s central bank’s Project Guardian.
Singapore reinforces fintech hub bid with AI, quantum computing at its helm
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25 July, 2024

Singapore reinforces fintech hub bid with AI, quantum computing at its helm

Singapore pours $74.3 million into investing in AI and quantum computing technologies as part of its grand vision to propel...
Singapore heightens risk factor of exchanges to counter terrorist financing
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5 July, 2024

Singapore heightens risk factor of exchanges to counter terrorist financing

While the Monetary Authority of Singapore has elevated the risk factor for digital asset exchanges, it noted that there are...
Singapore’s central bank expresses money laundering concerns with digital assets
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26 June, 2024

Singapore’s central bank expresses money laundering concerns with digital assets

While it considers legacy banking as the biggest risk for money laundering, the Monetary Authority of Singapore believes that digital...
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