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Binance to Withdraw its Singapore Operating License Application
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Binance to Withdraw its Singapore Operating License Application

Crypto trading platform Binance is allegedly considering the options of pulling its applications for a license to operate in Singapore.

MAS Sees Potential in Retail-CBDC for the City-State
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MAS Sees Potential in Retail-CBDC for the City-State

Despite its plans to float Project Orchid, the technology infrastructure, and the technical competencies necessary to issue a digital Singapore dollar, the Monetary Authority of Singapore (MAS) is not in a hurry to follow the bandwagon.

Binance Exchange Halts Major Crypto Services in Singapore
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Binance Exchange Halts Major Crypto Services in Singapore

Binance has announced that with effect from October 26, users from Singapore will not be able to access the most basic functions of the Binance.com platform

Binance to Delist SGD Trading Pairs Amid Tightened Regulatory Scrutiny
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Binance to Delist SGD Trading Pairs Amid Tightened Regulatory Scrutiny

Binance is set to limit all trading pairs involving the Singapore Dollar following the warning from the country's regulator.

Singapore’s Financial Regulator Puts Binance On Investor Alert List
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Singapore’s Financial Regulator Puts Binance On Investor Alert List

The Monetary Authority of Singapore (MAS) has placed Binance exchange on investor alert list, a measure that aims to tell consumers that the exchange is not authorized to offer trading services in the country.

MAS Shortlists 15 Firms to Help Pilot its CBDC Program
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MAS Shortlists 15 Firms to Help Pilot its CBDC Program

15 candidates have been chosen to continue vying for the role to help deploy Singapore's CBDC program

Crypto Assets Custodian Hex Trust Acquires Key License from MAS
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Crypto Assets Custodian Hex Trust Acquires Key License from MAS

Crypto asset custodian Hex trust announced Tuesday has obtained a CMS license from the Singapore regulator- the Monetary Authority of Singapore (MAS), according to a Bloomberg report.

Monetary Authority of Singapore Sets Up New Institute of Digital Finance for Boosting Fintech and Digital Asset Research
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Monetary Authority of Singapore Sets Up New Institute of Digital Finance for Boosting Fintech and Digital Asset Research

The Monetary Authority of Singapore (MAS) has teamed up with the National Research Foundation, and the National University of Singapore to set up a research institute that will develop and support the needs of digital financial services in Asia.

MAS Proposes New Regulations to Tighten Crypto Business Activities
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MAS Proposes New Regulations to Tighten Crypto Business Activities

The Monetary Authority of Singapore (MAS) has published a consultation paper proposing a new set of regulations that may stiffen the emergence and activities of crypto industries in the country. Despite the proactive strides of the MAS towards the development of the country’s central bank digital currency (CBDC), the apex bank is set to reinforce its regulations on digital currencies.

MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report
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MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report

The Monetary Authority of Singapore (MAS) and government-owned conglomerate Temasek released the final report of the Singaporean CBDC project, Project Ubin. The report is the fifth and final phase of Project Ubin, Singapore’s blockchain-based multi-currency payments network prototype that was built for the financial industry and blockchain ecosystem.

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