Monetary Authority of Singapore

Stablecoins

StraitsX Partners with StanChart on Stablecoin Reserve Management

By Nithya Subramanian | 24/02/2025

StraitsX said its stablecoins are “fully-backed” and issued in compliance with the MAS’ upcoming stablecoin regulatory framework.

Sustainable Finance

GenZero, Mizuho Agree to Collaborate on Transition Credits Projects

By Nithya Subramanian | 24/02/2025

The partnership aims to boost investments in transition credit projects and build awareness of the importance of this asset class.

Trading & Investment

Budget 2025: Singapore Unveils Measures to Boost Stock Market

By Nithya Subramanian | 19/02/2025

Singapore will also set up a S$1bn private credit growth fund and allocate S$150mn to help companies improve their AI capabilities.

Fraud, Scams & Cybercrime

Singapore Issues Warning on Unauthorised Mobile Wallets Transactions

By Nithya Subramanian | 19/02/2025

Banks will require additional verification such as in-app controls or digital token authentication for provisioning cards onto mobile wallets.

Cryptocurrency

MAS Grants In-principle Digital Assets Licence to Straits Millennium

By Nithya Subramanian | 18/02/2025

Some 30 firms in Singapore have been granted an Major Payment Institution license by MAS for DPT services.

Payments & Settlements

BIS Releases Details of Planned Cross-border Payments PoC

By Manesh Samtani | 17/02/2025

Project Rialto will link instant payment systems to a transnational network with an automated FX conversion layer for settlement in central bank money.

Trading & Investment

MAS Expert Group Proposes Measures to Boost Equities Market

By Nithya Subramanian | 14/02/2025

The Equities Market Review Group has proposed the introduction of tax incentives to attract more Singapore listings and incentivise funds to invest in domestic equities.

Payments & Settlements

MAS, ABS to Form New Entity to Govern Singapore Payments System

By Nithya Subramanian | 13/02/2025

Administration and governance of Singapore’s various payment schemes will be consolidated under a new entity.

Cryptocurrency

Monochrome Group Registers Crypto ETFs in Singapore

By Nithya Subramanian | 06/02/2025

Monochrome’s Bitcoin and Ethereum ETFs have been registered with MAS as restricted schemes, making them accessible to accredited and institutional investors.