DBS, Singapore’s largest banking group, has launched a treasury token pilot project with Ant International to improve cross-border treasury and liquidity management. The project, which operates on DBS’ permissioned blockchain, …
DBS Group Holdings Ltd. was hit by renewed disruptions to its internet banking and payment services in Singapore on Thursday, days after a six-month ban by the island’s central bank …
Regulators in three of the biggest financial markets in Asia said they welcome tokenised securities – traditional investment products like stocks, bonds and mutual funds that use distributed ledger technology- …
Singapore penalised Credit Suisse S$3.9 million (US$3 million) for its failure to prevent or detect misconduct by its relationship managers in the city state. The bankers had provided clients with …
Cross-border payment experts said innocent money remitters in Singapore were likely caught up in increasingly common money laundering raids by Beijing that freeze Chinese accounts as part of their investigations. …
Tourists from China and Singapore will be able to pay with the e-CNY when travelling to both countries as part of a new pilot programme, in a breakthrough for Beijing’s …
Private cryptocurrencies that failed the fundamental tests of financial services will eventually exit the monetary scene, according to Singapore’s central bank chief. That will leave a future monetary system made …
The Monetary Authority of Singapore (MAS) recently unveiled a regulatory framework aimed at enhancing the stability of single-currency stablecoins. The framework, according to Bloomberg, is set to be applicable to …
The Monetary Authority of Singapore (MAS), in collaboration with leading financial institutions like JPMorgan, DBS, and BNY Mellon, has embarked on a project to explore the potential of asset tokenization, …
Governments and central banks should step up the adoption of central bank digital currencies (CBDCs) to improve cross-border payments, which are currently “expensive, slow and available to few”, said Kristalina …