MAS

Finance & Economics

MAS to Invest S$35 million to Upskill Sustainable Finance Specialists

The Sustainable Finance Jobs Transformation Map (JTM) laid out by MAS aims to support upskilling and reskilling in the financial sector and develop a new range of specialists in sustainable finance over the next three years.

Blockchain & Crypto

China and Singapore to Use E-Yuan for Tourist Spending in Cross-Border CBDC Pilot

China’s Central Bank Digital Currency (CBDC) – e-yuan – will be now used for cross-border payments between China and Singapore, facilitating tourist spending between the two countries.

Fintech & Ecommerce

Singapore to Suspend Non-Bank and Non-Card Channels for Remittance to China

The Monetary Authority of Singapore (MAS) has instructed companies providing money transfer services to suspend the use of non-bank and non-card channels when interacting with individuals interested in cross-border transactions to China.

News

Singapore Tightens Crypto Regulation

The Monetary Authority of Singapore (MAS) introduces new investor protection measures for crypto service providers to discourage cryptocurrency speculation among retail customers.

Finance & Economics

Monetary Authority of Singapore Presents Initiatives for Digital Money

The Monetary Authority of Singapore (MAS) has unveiled several initiatives that have been developed to ensure the achievement of such a goal as the safe and responsible use of digital money in this country.

News

Grab Launches Web3 Experiences Powered by Circle

South-East Asian super-app Grab has enhanced its services with a Web3 offering supported by the USDC issuer Circle

Finance & Economics

MAS to Eliminate Corporate Cheques in Singapore: Timeline Revealed

The Monetary Authority of Singapore (MAS) quotes the rising cost of cheque processing as the main reason for abolishing corporate cheques as a payment instrument altogether

Blockchain & Crypto

Singapore Develops Uniform Standards for Aproving Crypto Bank Accounts

Singapore regulators have long cooperated with traditional banks to develop uniform standards for screening potential crypto customers, the results and conclusions are expected to be published in the next two months

Finance & Economics

India & Singapore to Officially Link Payment Systems

Central bank institutions of Singapore and India will link their real-time payment systems next week to enhance cross-border payment connectivity