Regulators in Singapore License Crypto Platform GSR Markets
In Singapore, local regulators have issued a license to the cryptocurrency market maker GSR Markets.
Singapore
The Business Show Asia 2024
Asia’s largest business show returns in 2024, at Marina Bay Sands Expo & Convention Centre on August 28th & 29th. The Business Show Singapore aids SMEs and startups, focusing on innovation and adaptation to revive Asia’s business landscape.
Genesys Acquires AI SaaS Startup Radarr
One of the leading US software companies, Genesys, has agreed to acquire Radar Technologies, which facilitates business decision-making, based on AI-driven real-time online conversation insights.
India Is Among Top Fintech Cluster Hubs Globally
The World Economic Forum emphasised the role of thriving fintech hubs hosting clusters of fintech corporate headquarters and providing significant operating markets such as Singapore, the UK, the US, Mexico and India for the global growth of the fintech industry.
World ID Launches in Singapore
Worldcoin iris-scanning crypto project has expanded to Singapore, enabling people to pass their World ID verifications via the Orb custom hardware device.
Singapore November Core Inflation Demonstrates Subdued Demand
In Singapore, core inflation showed a dynamic of the decline in November.
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.
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.
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.
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.
OCBC Bank Rolls Out Internal Generative AI Chatbot
A generative artificial intelligence (AI) chatbot will be available to OCBC’s 30,000 employees globally in November to assist them with writing, research and ideation.
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
QR Code Payments to Grow 590% in Southeast Asia by 2028: Research
A new study from Juniper Research has found the volume of QR code payments in the leading Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028.
Singapore’s Grab Remains Optimistic on Growth Prospects
Grab, a Southeast Asian super app provider is optimistic about long-term growth opportunities.
Payoneer Singapore Receives MAS License
The new license will enable Payoneer Singapore to enrich the scope of its products and roll out several new services in the country
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
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