The new rules allow banks to use biometric authentication methods to fulfill identity authentication requirements for internet-based applications.
Ripple's Rahul Advani explains the importance of regulatory clarity in the digital asset space, and what an appropriate regulatory framework entails.
IOSCO members are encouraged to consider six measures carefully in the context of their legal and regulatory frameworks.
A Standard Chartered subsidiary will hold 60 percent of the digital banking venture under a licence obtained from MAS in December.
Rather than banning cryptocurrencies, regulators are urged to collaborate to create regulatory clarity, close loopholes and mitigate regulatory arbitrage.
Binance Asia Services, which operates Binance.sg, is a "distinct entity" and may still operate under an exemption while its licence application is under review.
The research institute has led efforts to develop a federated learning platform for SME credit analytics that is expected to launch by year-end.
The task force was formed to examine synergies between Digital Token Identifiers and the technical identifiers issued by ITSA.
Through the QDLP scheme, MAS-regulated ADDX will offer Chinese investors access to digital securities covering a broad range of asset types.
The BIS Innovation Hub Singapore Centre will test CBDCs for international settlements with the RBA, MAS, BNM and SARB.
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