Monetary Authority of Singapore

The Monetary Authority of Singapore is Singapore's central bank and financial regulatory authority. It administers the various statutes pertaining to money, banking, insurance, securities and the financial sector in general, as well as currency issuance.

Source: mas.gov.sg

Central Banks, BIS and FI Projects Point to Growing Embrace of Tokenized Deposits
Central Banks, BIS and FI Projects Point to Growing Embrace of Tokenized Deposits
October 05, 2023  |  Banking

The Bank for International Settlements, central banks and traditional financial institutions (FIs) are in the midst of tackling various ways and means of creating and...

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Coinbase Gets Payments License in ‘Priority Market’ of Singapore
Coinbase Gets Payments License in ‘Priority Market’ of Singapore
October 02, 2023  |  Cryptocurrency

Cryptocurrency giant Coinbase has received a payments license from Singapore’s central bank. The license from the Monetary Authority of Singapore (MAS) will let Coinbase provide...

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Payoneer Singapore Acquires Payment License to Help Small Businesses Transact Globally
Payoneer Singapore Acquires Payment License to Help Small Businesses Transact Globally
August 15, 2023  |  Digital Payments

Payoneer Singapore has been granted a payment license from the Monetary Authority of Singapore (MAS), the city-state’s principal financial regulator. With the MAS license, the...

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NY Fed Teams With Singapore on Multicurrency Cross-Border CBDC Project
NY Fed Teams With Singapore on Multicurrency Cross-Border CBDC Project
May 19, 2023  |  CBDC

Cross-border payments are a major railway for facilitating the functioning of the global economy. Yet they face significantly greater challenges including slower speeds, more restricted...

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Singapore Reportedly Developing Standards Around Banks and Digital Assets
Singapore Reportedly Developing Standards Around Banks and Digital Assets
April 06, 2023  |  Cryptocurrency

Cryptocurrency and digital asset companies can expect greater scrutiny from banks in Singapore. Banks, the central bank and police in the city-state are working together...

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BaFin Bans SVB From Doing Business in Germany
BaFin Bans SVB From Doing Business in Germany
March 13, 2023  |  Banking

Aftershocks from the collapse of Silicon Valley Bank continue to be felt around the world. For example, Germany’s financial regulator said Monday (March 13) that...

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Singapore and India Debut Cross-Border Payment Link
Singapore and India Debut Cross-Border Payment Link
February 21, 2023  |  Partnerships

India and Singapore have linked their real-time payment systems to simplify cross-border remittances. The two countries’ central banks announced the linkage Tuesday (Feb. 21), saying...

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FinTechs Bring Payments Innovation to Connected Economy Leader Singapore
FinTechs Bring Payments Innovation to Connected Economy Leader Singapore
February 15, 2023  |  Connected Economy

The world’s most digitally connected country is also a lead innovator in facilitating international business payments. The PYMNTS Q3 2022 ConnectedEconomy™ Index, “How the World...

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Fiserv Gets OK to Offer Cross-Border Transfers in Singapore
Fiserv Gets OK to Offer Cross-Border Transfers in Singapore
January 31, 2023  |  Cross Border Commerce

Payments firm Fiserv has won approval to expand its offerings in Singapore. The Monetary Authority of Singapore (MAS) has granted Fiserv a Major Payment Institution...

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