Digital Assets

Anti-Money Laundering

Data Analytics Becoming Embedded at Singapore FIs

By Manesh Samtani | 02/05/2021

The increased use of data analytics and digital processes has led to increased AML/CFT effectiveness, according to Assistant Managing Director Ms Loo Siew Yee.

CBDCs

MAS to Explore Options for Connecting m-CBDC Platforms

By Sanday Chongo Kabange | 30/04/2021

MAS is partnering with the BIS Innovation Hub and central banks to design, develop and test new m-CBDC models for cross-border settlement.

Payments & Settlements

DBS, JP Morgan, Temasek Team Up on Cross-border Payments

By Manesh Samtani | 28/04/2021

An open platform will be developed to enable real-time cross-border multi-currency payments, trade finance, foreign exchange and DVP securities settlements.

CBDCs

China: Fintech Giants Pledge to Support Digital Yuan Push

By Sanday Chongo Kabange | 28/04/2021

Ant Group, Tencent, Huawei and JD.com have revealed that they were involved in the development and testing of the digital yuan.

CBDCs

Macau Amends Legal Framework to Enable Digital Yuan Adoption

By Sanday Chongo Kabange | 27/04/2021

Use of the fully traceable digital yuan will help Chinese authorities curb money laundering and illicit cross-border gambling.

Custody & Infrastructure

Blockchain Groups Form New ASEAN Consortium to Drive Adoption

By Editors | 27/04/2021

Members include blockchain associations in Singapore, Indonesia, the Philippines, Malaysia, Thailand and Australia.

Tokenisation

DBS Goes Live on Trade Finance Network Contour

By Editors | 27/04/2021

Digital LC capabilities will be offered in Australia, China, Hong Kong and Singapore via Contour from this month.

Cryptocurrency

US House Passes Bill to Foster Innovation in Digital Assets

By Editors | 25/04/2021

The bill will require the SEC and CFTC to establish a digital asset working group to ensure collaboration between regulators and the private sector on digital assets.

Custody & Infrastructure

UK Taskforce Publishes Digital Dispute Resolution Rules

By Sanday Chongo Kabange | 25/04/2021

The rules allow parties to digital transactions to quickly resolve disputes through arbitration, where decisions are implemented within smart contracts.