Joint CBDC pilot unites Australia, Singapore, Malaysia and South Africa
The reserve banks in each country have teamed up to trial a new platform for enabling cross-border transfers denominated in a central bank digital currency.
Latest Singapore News
Binance regulatory walls getting higher: Exchange halts Singapore products as South Africa issues fresh warning
Singapore has prohibited the cryptocurrency exchange from offering payment services in the country, while South Africa has issued a warning against Binance.
Singapore shortlists 15 companies to help build retail CBDC
The Global CBDC Challenge was geared towards discovering and developing retail central bank digital currency solutions that will benefit the world.
Binance show goes on: No to Norway, yes to Singapore plus angry whale traders
The latest reports paint a picture of an extremely wealthy company (and founders), one that is facing very different situations in the various jurisdictions it operates in.
Singapore Myanmar Investco enters block reward mining sector
The company has placed an order to purchase 800 digital currency mining machines that will be deployed at facilities in Southeast Asia.
What has the SEC looked into at Binance?
Hot on the heels of the sudden and mysterious resignation of new Binance.US CEO Brian Brooks comes more speculation the exchange may be under the U.S. Securities and Exchange Commission probe.
DBS Bank approved to offer digital currency services in Singapore
When the license is officially approved, DBSV said its clients would be able to access digital payment token services directly through its exchange platform, DBS Digital Exchange (DDex).
Singapore regulator grants first approval in principle for digital currency exchange
Australian digital currency exchange Independent Reserve received the regulatory go-ahead under the provisions of the Payment Services Act, which was brought into law in January 2020.
Singapore central bank launches global challenge for retail CBDC solutions
The Global CBDC Challenge focuses on enhancing the effectiveness of payment and stimulating financial inclusion through the discovery of innovative retail ideas driven by the CBDC solution.
Digital currency-related crime reports in Singapore shoot up 2,500% since 2018
Singapore police noted that 393 reports of digital currency-related crime were filed in 2020, three times higher compared to 2019.
The CoinGeek Pulse Episode 43: Multi-million RegTech grant in Singapore, Thailand’s dip-chip ID requirements, creating NFTs on Bitcoin and ‘Tappy Taco’
The latest vertical that has emerged from the inception of technological advancements is getting multimillion financial attention in Singapore.
Singapore gov’t offers millions to modernize RegTech solutions in financial industry
The Monetary Authority of Singapore has pledged S$42 million towards modernizing the country's financial digital infrastructure, including a new regulatory technology grant scheme.