Search Results for: Singapore
Singapore to become Asia’s benchmark for bitcoin pricing
September 14th, 2020
Singapore Exchange Ltd (SGX) is creating two new cryptocurrency indexes with the goal of setting the pricing standard for bitcoin and ethereum in Asia. SGX’s iEdge Bitcoin Index and iEdge Ethereum Index will use inputs from exchanges determined by ...
From now on crypto firms in Singapore have to be licensed
February 7th, 2020
With the new payments law, all crypto businesses and brokers operating in Singapore should be licensed. The Payment Services Act was passed back in January 2019 and was implemented this Tuesday, according to the Monetary Authority of Singapore (MAS). ...
Singapore Financial Regulator releases updated guide for Initial Coin Offerings
December 5th, 2018
The Monetary Authority of Singapore (MAS), the city state’s central bank and financial regulator, has released an update to its guide for businesses looking to raise money through initial coin offerings (ICOs). The paper, titled A Guide to Digital ...
How Singapore eases city traffic with contactless payments
July 20th, 2018
Taking public transportation in Singapore is a different experience than most cities around the world. Recognized for its smart-city achievements, its one of the early adopters of contactless payment technology, allowing people to tap their bank cards to pay ...
Singapore, Trade and Geopolitics
June 26th, 2018
The Western media was incredulous. The Donald had disregarded diplomacy, scuttled out of the G7 meeting in Canada without endorsing the G7 agreement, and ended up shaking hands with a previously avowed enemy in Singapore. The formally leisurely ...
British pound was little changed, Singapore dollar pared gains, Asian stocks up
April 13th, 2018
Asian stocks built on this week’s advance after signs that trade tensions are easing boosted risk appetite. The dollar steadied and Treasury yields pared gains. Equities from Sydney to Tokyo advanced though were off the day’s highs, while a ...
Guidelines to protect users of electronic payments; MAS Singapore
February 14th, 2018
The Monetary Authority of Singapore (MAS) launched a public consultation on proposed guidelines to protect users of electronic payments (“e-payments”). The proposed E-payments User Protection Guidelines aim to encourage wider adoption of e-payments by setting standards on the responsibilities ...
The euro and yen rose, Singapore dollar slipped; U.S dollar snaps four week rally
October 13th, 2017
The dollar and U.S. Treasury yields were poised to end four weeks of gains as confidence in American tax-cut plans waned somewhat and the Federal Reserve signaled that several policy makers are cautious about another 2017 interest-rate hike. Asian ...
Singapore Drafting AML Regulations Around Cryptocurrency
October 6th, 2017
Singaporean Deputy Prime Minister Tharman Shanmugaratnam, who also serves as Minister in Charge of the Monetary Authority of Singapore (MAS), has revealed that MAS is in the process of devising a new regulatory framework to address money laundering and ...
Singapore and Thailand in early stage talks to connect e-payment systems
October 5th, 2017
Singapore and Thailand are in discussions about connecting their national digital payment systems to forge an unprecedented regional alliance, as officials step up efforts to curb the use of cash. The link would bring together Southeast Asia’s first national ...
