OKX Singapore Enables USDC and USDT Payments at Grab Merchants via QR Codes

OKX Singapore launched scan‑to‑pay support allowing users to spend USDC and USDT at Grab Pay merchants by scanning Singapore’s unified QR code (SGQR) through OKX Pay. Transactions will be settled onchain using the purpose bound money (PBM) framework, which applies programmable logic for compliant, conditional settlement, while regulated payment provider StraitsX performs compliance checks and … Read more

Ripple and Thunes Expand Global Finance Partnership to Power Faster Cross-Border Payments

Ripple’s expanded collaboration with Thunes unleashes a powerful new era of global money movement, delivering faster, more secure, transparent cross-border transactions and unprecedented access to worldwide financial connectivity. Ripple-Thunes Collaboration Unlocks Secure, Transparent Cross-Border Money Movement Ripple is extending its role in global finance through a renewed collaboration with Thunes, a Singapore-based payments infrastructure provider. … Read more

DBS Expands Blockchain Capabilities by Tokenizing Structured Notes on Ethereum for Wider Investor Access

DBS Bank has announced the expansion of its blockchain capabilities by tokenizing structured notes on the Ethereum public blockchain, making them accessible to eligible investors through three digital investment platforms. This marks DBS’s first token distribution, featuring crypto-linked structured notes that allow non-DBS clients to access this asset class via the bank’s digital asset ecosystem. … Read more

Ripple Unveils New Accelerator to Boost XRP Ledger Innovation in DeFi and AI

Ripple’s XRPL Accelerator is unleashing a powerful new wave of tokenization and enterprise blockchain innovation, driving real-world adoption and massive growth across the XRP Ledger ecosystem. Ripple’s New XRPL Accelerator Set to Reshape DeFi and AI Infrastructure Fast Ripple announced on July 3 a strategic collaboration with global fintech incubator Tenity “to launch a new … Read more

Davis Commodities Bets on Bitcoin in $30 Million Digital Assets Strategy

Davis Commodities is pivoting into digital finance with a $30 million initiative, blending bitcoin reserves and real-world asset tokenization to modernize the global agricultural trading industry. Agricultural Giant Davis Commodities Unveils Digital Finance Push With $30 Million Bitcoin and Tokenization Strategy Davis Commodities Limited (Nasdaq: DTCK), a Singapore-based leader in agricultural commodities trading, has announced … Read more

Singapore Clarifies Crypto Licensing Rules With Offshore-Only Activities Under Fire

Singapore’s looming licensing mandate forces offshore-only crypto providers into urgent compliance mode, threatening to cut off unregulated access to tokenized finance and digital asset markets. June 30 Sparks Compliance Race for Offshore-Only Crypto Providers in Singapore The Monetary Authority of Singapore (MAS) issued clarifications on June 6 regarding the scope and application of its regulatory … Read more

Singapore Finalizes Crypto Rules—Firms Serving Overseas Must Comply by June

Singapore is mandating crypto service providers operating locally but serving overseas customers to get licensed or exit by June, with no grace period or phased rollout. Singapore Gives Crypto Firms Until June 2025 to Comply, Without Grace Period or Tiered Rollout The Monetary Authority of Singapore (MAS) finalized its position on May 30 regarding the … Read more

Partnership Signed to Enhance Blockchain-Powered Trade Between Malaysia and Singapore

MYEG, a Malaysian e-government and digital services provider, has signed a Memorandum of Understanding (MoU) with Sgtradex, Singapore’s national digital infrastructure for trade data exchange, to facilitate seamless blockchain-powered trade between Malaysia and Singapore. The agreement, signed at the ASEAN-GCC-China CEO Roundtable, aims to enhance digital connectivity in the ASEAN region by enabling interoperable, cross-border … Read more

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