Monetary Authority of Singapore

Custody & Infrastructure

Anchorage Digital Secures Crypto Licence in Singapore

By Mark Johnston | 11/11/2024

The licence enables Anchorage Digital to offer custody, staking, trading, and settlement services for crypto in Singapore, along with fiat on and off ramps.

Cloud & Infrastructure

Global Fintech Institute Launches New Platform to Drive Innovation

By Nithya Subramanian | 08/11/2024

A new Startup Investment Credentials framework was also released to provide a standardised approach for evaluating fintech startups.

Tokenisation

Swift Payment Network Piloted for Tokenised Fund Settlements

By Editors | 07/11/2024

The pilot used the payment orchestration capabilities of existing Swift infrastructure to settle fund subscriptions and redemptions.

Payments & Settlements

New Project Nexus Entity to be Established in Singapore

By Editors | 07/11/2024

The new management entity will oversee the live implementation of the Nexus operational model, which involves linking instant payment systems.

Anti-Money Laundering

MAS Announces Key Decisions on New AML Framework for SFOs

By Manesh Samtani | 07/11/2024

MAS has extended the timelines for single family offices to submit initial notifications and annual reports. The transitional period will be 1 year instead of 6 months.

Reporting & Disclosures

Singapore: Gprnt Launches New Sustainability Reporting Tools

By Nithya Subramanian | 06/11/2024

A new Disclosure tool will simplify sustainability reporting for businesses while a new Marketplace will enable them to connect to an ecosystem of sustainability solutions.

Cybersecurity

MAS, BdF Complete Joint Experiment on Post Quantum Cryptography

By Editors | 06/11/2024

The experiment tested the use of quantum-resistant cryptographic algorithms for email communications. The next phase will focus on payments.

Stablecoins

Paxos Launches New US Dollar Stablecoin via Singapore Unit

By Nithya Subramanian | 05/11/2024

Paxos said the stablecoin, known as USDG, is designed to comply with Singapore’s upcoming stablecoin framework.

Tokenisation

SBI Digital Markets to Push Adoption of Tokenised Securities

By Nithya Subramanian | 05/11/2024

SBI Digital Markets will focus its efforts on building regulated frameworks to facilitate the end-to-end flow of tokenised securities.