Monetary Authority of Singapore

Chainlink Rolls Out Private Blockchain Transactions for Financial Institutions

Today, Chainlink announced the launch of its Private Transactions feature within the Cross-Chain Interoperability Protocol (CCIP), supported by Chainlink’s new Blockchain Privacy Manager. According to an announcement shared on X (formerly Twitter), this CCIP Private Transactions feature allows financial institutions to connect to the multi-chain economy while ensuring data confidentiality,

October 22, 2024 2 mins read

BitGo Secures In-Principle Approval for MPI License by Singapore's MAS

Singapore’s Central Bank Introduces Guidelines for Stablecoins Issuers

In an effort to improve the reliability of single-currency stablecoins, Singapore’s central bank, the Monetary Authority of Singapore (MAS), issued new guidelines on August 15. For single-currency stablecoins having a circulation value of more than S$5 million tied to the Singapore Dollar or any fiat of the G10 nations, the

August 15, 2023 2 mins read

Singapore Onboard to Become the Next BTC and Crypto Hub

Singapore is also affected due to the growing inflation. New regulatory reforms revised for both BTC and other digital assets. Singapore to become a major hub for BTC and crypto. The Central Bank of Singapore along with the Monetary Authority of Singapore (MAS) together has planned to come up with

July 20, 2022 2 mins read

Three Arrows Capital Furnished Singapore Regulators With False Information

$250 million assets under management (AUM) restriction was breached twice. A slew of companies have come out to reveal their 3AC exposure. According to a notification issued by the Monetary Authority of Singapore (MAS) today, Three Arrows Capital (3AC) furnished the regulator with “false information.” The MAS has stated that

June 30, 2022 1 min read

Crypto.com Approved by Monetary Authority of Singapore

Crypto.com will provide services under the Payment Services Act. Crypto.com has more than a million users globally. Today Crypto.com announced that The Monetary Authority of Singapore (MAS) has given its Major Payment Institution License preliminary approval to Crypto.com. Crypto.com is the fastest-growing exchange platform that got Principle Authorization approval from

June 22, 2022 1 min read