#monetary authority of singapore News

Banque de France conducts a new Central Bank Digital Currency experiment

Banque de France Conducts Cross-Border Central Bank Digital Currency Experiment

July 9, 2021 by Anthonia Isichei at Regulation

France’s apex bank and Singapore’s monetary authority have collaborated on a cross-border central bank digital currency (CBDC) project. The partnership is the latest example of the emerging international cooperation among central banks in CBDC development across the world. Wholesale CBDC Pilot Between France and Singapore According to an announcement issued...

Coinbase Obtains Temporary Licensing Exemption from Regulators In Singapore

March 27, 2020 by Osato Avan-Nomayo at Regulation

U.S. crypto exchange giant is among a list of cryptocurrency companies granted temporary licensing exemptions by financial regulators in Singapore. The move is a direct result of the regulatory requirements imposed on virtual currency businesses on account of the country’s Payment Services Act (PSA). Coinbase Among Crypto Firms Granted Exemption...

Blockchain Startup Pundi X Gets Limited License Exemption From Singapore Regulatory Body

March 26, 2020 by Anthonia Isichei at Altcoins

Blockchain platform Pundi X Labs received an exemption from Singapore’s financial regulatory agency, the Monetary Authority of Singapore (MAS) which will enable Pundi X to operate without a license in the region for six months. Pundi X to Operate Without License for Six Months Pundi X announced the news of...

Bitcoin Exclamation Warning Signs Singapore Skyline

Singapore Implements New Legislation to Govern Crypto Market Participants

January 28, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Singapore’s financial watchdog, the Monetary Authority of Singapore (MAS), has announced that its Payment Services Act (PSA) is now live. The PSA aims to strengthen the existing regulatory framework governing cryptocurrency exchanges and other financial services platforms, while also fostering consumer protection and promote users’ confidence in digital payments, according...