Warning: Constant WP_MEMORY_LIMIT already defined in /home/digit/public_html/wp-config.php on line 98

Warning: Cannot modify header information - headers already sent by (output started at /home/digit/public_html/wp-config.php:98) in /home/digit/public_html/wp-includes/feed-rss2.php on line 8
MAS – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 04 Nov 2024 17:32:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png MAS – DIGIT INFO https://www.digit.info 32 32 Singapore advances asset tokenization with new MAS frameworks https://www.digit.info/singapore-advances-asset-tokenization-with-new-mas-frameworks/ Mon, 04 Nov 2024 17:32:34 +0000 https://www.digit.info/singapore-advances-asset-tokenization-with-new-mas-frameworks/

The Monetary Authority of Singapore is pulling together the projects and participants needed for the next step in its asset tokenization trials. 

Go to Source

]]>
Paxos launches USD-backed USDG stablecoin with DBS Bank https://www.digit.info/paxos-launches-usd-backed-usdg-stablecoin-with-dbs-bank/ Fri, 01 Nov 2024 08:12:43 +0000 https://www.digit.info/paxos-launches-usd-backed-usdg-stablecoin-with-dbs-bank/

Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework.

Go to Source

]]>
Singapore bolsters fintech hub with Global Finance Technology Network https://www.digit.info/singapore-bolsters-fintech-hub-with-global-finance-technology-network/ Thu, 31 Oct 2024 07:43:12 +0000 https://www.digit.info/singapore-bolsters-fintech-hub-with-global-finance-technology-network/

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.

Go to Source

]]>
Gemini crypto exchange receives preliminary approval in Singapore https://www.digit.info/gemini-crypto-exchange-receives-preliminary-approval-in-singapore/ Tue, 29 Oct 2024 11:17:12 +0000 https://www.digit.info/gemini-crypto-exchange-receives-preliminary-approval-in-singapore/

Gemini has received in-principle approval for a Major Payment Institution license in Singapore. 

Go to Source

]]>
Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience https://www.digit.info/bitcoin-bounces-back-above-key-averages-glassnode-sees-new-investor-resilience/ Wed, 25 Sep 2024 17:21:31 +0000 https://www.digit.info/bitcoin-bounces-back-above-key-averages-glassnode-sees-new-investor-resilience/ Read more]]> Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor ResilienceBitcoin 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 […]

Go to Source

]]>
Singapore probes illegal Worldcoin accounts and token sales https://www.digit.info/singapore-probes-illegal-worldcoin-accounts-and-token-sales/ Tue, 10 Sep 2024 08:20:39 +0000 https://www.digit.info/singapore-probes-illegal-worldcoin-accounts-and-token-sales/

Singapore investigates unauthorized Worldcoin account sales as regulators raise concerns over data misuse and criminal activity.

Go to Source

]]>
OKX bags Singapore crypto license https://www.digit.info/okx-bags-singapore-crypto-license/ Mon, 02 Sep 2024 07:31:11 +0000 https://www.digit.info/okx-bags-singapore-crypto-license/

OKX Singapore also announced that it onboarded Gracie Lin, who previously worked at MAS, as its CEO. 

Go to Source

]]>
US crypto firm BitGo wins payment license in Singapore https://www.digit.info/us-crypto-firm-bitgo-wins-payment-license-in-singapore/ Thu, 08 Aug 2024 12:39:19 +0000 https://www.digit.info/us-crypto-firm-bitgo-wins-payment-license-in-singapore/

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.

Go to Source

]]>
Singapore commits $74.3M for quantum and AI in finance https://www.digit.info/singapore-commits-74-3m-for-quantum-and-ai-in-finance/ Mon, 22 Jul 2024 09:31:19 +0000 https://www.digit.info/singapore-commits-74-3m-for-quantum-and-ai-in-finance/

MAS injects funds to enhance quantum computing and AI in Singapore’s finance sector, supporting local institutions with substantial co-funding.

Go to Source

]]>
Paxos gains approval for Singapore stablecoin launch with DBS partnership https://www.digit.info/paxos-gains-approval-for-singapore-stablecoin-launch-with-dbs-partnership/ Tue, 02 Jul 2024 13:17:21 +0000 https://www.digit.info/2024/07/02/paxos-gains-approval-for-singapore-stablecoin-launch-with-dbs-partnership/

Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch.

Go to Source

]]>