Monetary Authority of Singapore

    Capital Adequacy

    Lessons From Australia’s AT1 Migration Could Reignite Global Debate over Capital

    By Blake Evans-Pritchard | 18/11/2025

    Australia is so far the only market to have taken active steps to fully phase out AT1 bonds. But other jurisdictions are closely watching the progress.

    Tokenisation

    MAS Issues Updated Guide for Tokenised Capital Markets Products

    By Nithya Subramanian | 17/11/2025

    The guide sets out regulatory expectations for tokenised securities, stressing technology-neutral laws, disclosure of digital-asset risks, licensing needs, and obligations for intermediaries.

    Cryptocurrency

    Crypto Exchange Gemini Eyes Further Expansion in APAC Markets

    By Manesh Samtani | 17/11/2025

    Gemini is prioritising markets with clearer regulatory paths while localising products and navigating Asia's fragmented rulebooks, its APAC head says.

    Payments & Settlements

    Cambodia and Singapore Launch Cross-Border QR Payments

    By Nithya Subramanian | 17/11/2025

    Cambodian travellers can now make real-time QR payments in Singapore using Khmer Riel via their Bakong-linked local banking apps.

    Tokenisation

    MAS, Bundesbank Partner on Cross-Border Digital Settlement

    By Nithya Subramanian | 15/11/2025

    The pact aims to develop interoperable tokenised settlement solutions and streamline cross-border payments, FX and securities flows between Singapore and Germany.

    Fraud, Scams & Cybercrime

    Singapore Police Arrests Ex-Wirecard Asia Director for Germany

    By Nithya Subramanian | 14/11/2025

    The arrest was part of coordinated raids across multiple countries targeting a fraud ring that caused more than EUR 300 million in losses through unauthorised credit card transactions.

    Tokenisation

    MAS to Launch SGD Testnet for Live Tokenised Settlement Trials

    By Nithya Subramanian | 14/11/2025

    MAS will launch a Singapore Dollar Testnet for tokenised settlements and expand cross-border projects under Project Guardian and BLOOM to advance interoperable digital finance.

    CBDCs

    MAS Completes First Live wCBDC Settlement on SGD Testnet

    By Nithya Subramanian | 14/11/2025

    The trial shows banks can settle interbank overnight lending using wholesale CBDC on the new SGD Testnet, paving the way for future issuance of tokenised MAS Bills.

    Payments & Settlements

    UK, Singapore, Thailand to Jointly Test Synchronised FX Settlement

    By Nithya Subramanian | 14/11/2025

    The three central banks will trial atomic, real-time FX settlement using interoperable RTGS and DLT systems, aiming to strengthen cross-border payments infrastructure.

    Tokenisation

    MAS to Trial Tokenised Bills, Expand AI Initiatives

    By Nithya Subramanian | 14/11/2025

    MAS announced trials for tokenised MAS Bills settled in wholesale CBDC, finalised rules for stablecoins, and new AI governance initiatives.

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