Singapore believes digital money would be key in revitalizing the future of the financial and payments sector, laying out standard...
The experiment aims for "a future digital currency landscape" that enables interoperability of wholesale CBDCs to facilitate cross-border payment, according...
The MAS is in a working group with banks and authorities to develop standards for banks to onboard VASPs; however,...
The consultation papers dealt solely with proposals designed to protect investors from the risks associated with dabbling in digital currencies...
The 12-week study, involving 18 banks and financial institutions, shows the potential utility of CBDCs in settling cross-border transactions, prompting...
The UPI-PayNow integration will provide a seamless cross-border transaction between India and Singapore, with citizens of both nations being able...