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Singapore

Singapore orders digital currency firms to keep customer funds ‘under statutory trust’
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6 July, 2023

Singapore orders digital currency firms to keep customer funds ‘under statutory trust’

Under the new measures, digital currency firms in Singapore are expected to "segregate customers' assets from its own assets and...
Monetary Authority of Singapore proposes new design framework for digital currencies
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3 July, 2023

Monetary Authority of Singapore proposes new design framework for digital currencies

The latest report is part of the central bank’s broader study under the umbrella of Project Guardian, looking into the...
AsiaNext receives provisional license to offer digital currency services in Singapore
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1 July, 2023

AsiaNext receives provisional license to offer digital currency services in Singapore

AsiaNext is getting closer to its ambition to provide digital currency trading and custody services in Singapore following the city-state's...
Singapore central bank issues Project Guardian report following experimentation with 3 use cases
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30 June, 2023

Singapore central bank issues Project Guardian report following experimentation with 3 use cases

The Monetary Authority of Singapore, along with notable financial firms and the BIS, conclude their exploration of blockchain interoperability in...
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...
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