
The Monetary Authority of Singapore is pulling together the projects and participants needed for the next step in its asset tokenization trials.
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Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework.
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The GFTN is established as the second phase of Singapore’s fintech growth initiative, which focuses heavily on payments, asset tokenization, AI and quantum computing.
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Gemini has received in-principle approval for a Major Payment Institution license in Singapore.
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Bitcoin has recaptured its Short-Term Holder (STH) cost basis of $61,900 following the Federal Reserve’s recent 0.5% interest rate cut, according to Glassnode’s recent analysis. Despite the market’s ongoing consolidation, the report suggests new investors have demonstrated notable confidence in the long-term market outlook. Report Shows Despite Consolidation, New Bitcoin Investors Display Strong Market Confidence […]
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Singapore investigates unauthorized Worldcoin account sales as regulators raise concerns over data misuse and criminal activity.
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OKX Singapore also announced that it onboarded Gracie Lin, who previously worked at MAS, as its CEO.
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Before receiving the license, BitGo served users in Singapore and APAC, but the offering included only custody services from the US South Dakota Trust and hot wallets.
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MAS injects funds to enhance quantum computing and AI in Singapore’s finance sector, supporting local institutions with substantial co-funding.
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Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch.
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