2023-11-19 20:33 |
The Monetary Authority of Singapore (MAS) unveiled a regulatory framework aimed at enhancing the stability of single-currency stablecoins.
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Singapore's Monetary Authority releases a draft of requirements for private stablecoin issuers. The post Singapore Announces Framework for Non-Government Stablecoins appeared first on BeInCrypto.
2023-8-15 15:28 | |
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The central bank would label these crypto tokens as MAS-regulated stablecoins. This way users would be able to distinguish these coins from non-regulated stablecoins. Singapore’s central bThe post Singapore pushes into crypto regulation with new stablecoin framework appeared first on AMBCrypto.
2023-8-15 13:00 | |
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The Monetary Authority of Singapore (MAS) announced a regulatory framework for single-currency stablecoins (SCS) regulated in the Asian country, according to an Aug. 15 statement. The financial regulator stated that the regulations would apply to single-currency stablecoins (SCS) pegged to the Singapore Dollar (S$) or any G10 currency whose circulation surpasses S$5 million.
2023-8-15 11:03 | |
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The Monetary Authority of Singapore (MAS) unveiled an innovative regulatory framework to boost the stability of the nation’s certified stablecoins on 15 August. The central bank revealed that the new regulations would apply to issuers of single-currency stablecoins tied to the Singapore Dollar or fiat of G10 nations, with circulation surpassing $5 million.
2023-8-15 11:02 | |
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The framework outlines requirements for stablecoin issuers to meet to be deemed as regulated by the Monetary Authority of Singapore.
2023-8-15 08:45 | |
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The Monetary Authority of Singapore (MAS) has proposed a common protocol for the use of digital money, such as central bank digital currencies (CBDCs), tokenized bank deposits, and stablecoins on a distributed ledger.
2023-6-30 16:14 | |
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The Monetary Authority of Singapore, with input from major tech giants, released a whitepaper on the standards for digital money usage such as CBDCs and stablecoins.
2023-6-21 17:13 | |
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Singapore authorities are working with banks on new guidance for vetting crypto clients. The guidance will cover stablecoins, nonfungible tokens (NFTs) and firms providing services in payments, trading and transfers of these assets.
2023-4-6 11:44 | |
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Changpeng Zhao, also known as “CZ,” says that the industry may start to use stablecoins pegged to the euro, yen, or Singapore dollar, following recent actions against the U.S. dollar-pegged stablecoin BUSD.
2023-2-15 00:45 | |
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The MAS is reviewing a regulatory regime targeting risks involving stablecoins, the minister in charge of the bank said.
2022-8-2 15:27 | |
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The chairman of the Monetary Authority of Singapore said crypto has a place in the country’s financial sector aside from just being a tradable asset. The post Singapore Monetary Authority Chairman Sees ‘Useful Role’ for Crypto and Stablecoins appeared first on BeInCrypto.
2021-10-29 14:30 | |
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SINGAPORE, May 21, 2021 — HaloDAO, a decentralized finance protocol designed to address the growing demand for stablecoins, has closed a $3.5 million seed investment round led by Parataxis Capital. Additional funds participating in the round include QCP Soteria, GBV (Genesis Block Ventures), Spartan Group, NGC, CMS Holdings, LedgerPrime, Genblock, Petrock Capital and others. NotableRead More
2021-5-22 19:15 | |
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September 10th, 2019, Singapore – The target of the Digital Gold platform is to digitalize physical gold and make it possible to transfer over the blockchain. GOLD stablecoins establish a digital link between a real-world asset (gold) and a gold-backed digital asset.
2019-9-11 00:00 | |
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What Is ForDeX? ForDeX is a one-stop market for stablecoins, where users can buy stablecoins with USD. The platform deals with stablecoins in various currencies, allowing users to build a portfolio and trade across top stablecoin projects that represent real currencies such as US Dollar, Korean WON, or the Singapore Dollar. In addition to supporting multiple […]
2019-2-24 09:19 | |
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Huobi Launches “All-In-One Program” In the midst of the Tether/Bitfinex debacle, Huobi, a world-renowned crypto platform, has unexpectedly made a move to revolutionize how stablecoins — crypto assets tied to the value of a relatively stable asset — work in this emerging market.
2018-10-20 01:33 | |
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Huobi Exchange Has Decided on Four Stablecoins That They Will Let Users Swap Huobi has been offering cryptocurrency exchange services to Singapore residents and others since it was founded in 2013. In a post on Twitter, the platform announced their new opportunity that investors can now take advantage of – the ability to swap four […]
2018-10-19 19:59 | |
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Bithumb, South Korea’s largest cryptocurrency exchange by volume, has sold to a Singapore entity with the aim of releasing new services and stablecoins. Officials Finalize Majority Stake Deal As Korean news outlet Naver reports October 12, BK Global Consortium paid 400 million won ($353 million) for a majority stake in Bithumb, having previously held a minority position in the company.
2018-10-12 10:30 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-8 21:30 | |
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USDC stablecoin issuer Circle is planning on moving its legal base from Ireland to the U.S. as an IPO looms. Stablecoin issuer Circle is working on shifting its legal base to the US from Ireland, as the company gears up…
Former Commodity Futures Trading Commission Chair J. Christopher Giancarlo will join the board of directors at Paxos.
Christopher Giancarlo, former CFTC chief has joined Paxos board. Giancarlo’s advocacy for blockchain innovation aligns with Paxos’ mission for regulated solutions. Paxos aims to drive financial sector innovation with Giancarlo’s guidance on board.
Robert Kiyosaki, the author of the bestselling personal finance book “Rich Dad, Poor Dad,” has fired another financial warning shot, this time targeting the US dollar and a potential challenger – a gold-backed stablecoin from the BRICS nations (Brazil, Russia, India, China, and South Africa).
BSP approves pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins. ph. Sandbox testing to evaluate PHPC’s real-world performance and impact on local fiat ecosystem. Transition to real-world usage subject to final evaluations and approvals by central bank.
The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.
Investors remain bullish as stablecoin market cap hits $161 billion, reflecting strong liquidity and smart money movements. The post More liquidity: stablecoin market cap grows $4 billion despite Bitcoin’s pullback appeared first on Crypto Briefing.