New MoU will deepen cooperation by facilitating information exchange and cross border on-site inspections between the two jurisdictions.
February 4, 2023Oliver Fines says fiduciaries have no excuse for their falling prey to hype associated with crypto, as principles of prudence, care and loyalty should continue to apply.
February 3, 2023World Economic Forum article suggests CBDC designers should consider allowing self-custody as an option to increase overall user dignity and welfare.
January 30, 2023The US's cautious approach to CBDCs could negatively impact the domestic economy, threaten the dollar's dominance and have implications for sanctions evasion.
January 30, 2023A CBDC could be supported by the use of privacy-enhancing technologies to anonymise data while still allowing for AML/CFT analysis, the BOJ says.
January 29, 2023Several Tier 1 banks are participating in POCs to test the Universal Digital Payment Network (UDPN) for cross-border transfers and swaps.
January 27, 2023Project Rosalind's phase one work will be complete within Q1 and be followed by a further phase focused on testing and validating API functionality.
January 25, 2023New paper from the BIS, IMF and World Bank assesses the benefits and challenges associated with using multilateral platforms for cross-border payments.
January 20, 2023The BSP is testing large value CBDC transactions among a limited number of FIs. A retail CBDC is not being explored.
January 20, 2023Angela Ang looks back at digital asset developments in 2022 in Singapore, and ahead to what to expect in 2023.
January 18, 2023