Monetary Authority of Singapore

China, Singapore launch digital yuan cross-border payments pilot for tourists
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14 December, 2023

China, Singapore launch digital yuan cross-border payments pilot for tourists

The Monetary Authority of Singapore and People's Bank of China have signed the MOU to allow Chinese and Singaporean tourists...
Singapore digital currency rules tightened to discourage speculative activities
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2 December, 2023

Singapore digital currency rules tightened to discourage speculative activities

The Monetary Authority of Singapore is proposing stricter digital currency guidelines to regulate Digital Payment Token service providers and protect...
Monetary Authority of Singapore calls for AI sustainability, draws lessons from ‘crypto’
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21 November, 2023

Monetary Authority of Singapore calls for AI sustainability, draws lessons from ‘crypto’

Singapore is embracing artificial intelligence cautiously, drawing from digital currency lessons, securing substantial investments, emphasizing safety, and implementing robust regulations...
MAS chief reveals Singapore’s AI-driven anti-money laundering efforts
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8 November, 2023

MAS chief reveals Singapore’s AI-driven anti-money laundering efforts

Ravi Menson, chief of the Monetary Authority of Singapore, plans AI-driven crackdown on money laundering, enhancing surveillance and regulatory insights.
Singapore central bank strikes partnership with foreign financial regulators for tokenization pilots
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6 November, 2023

Singapore central bank strikes partnership with foreign financial regulators for tokenization pilots

As part of Singapore's exploration of asset tokenization, the Monetary Authority of Singapore is teaming up with U.K. and Japan...
BIS completes wholesale CBDC trial for FX, cross-border payments
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7 October, 2023

BIS completes wholesale CBDC trial for FX, cross-border payments

In Project Mariana's proposed design, central banks do not need to control the underlying platform but will rely on smart...