Discover Singapore's groundbreaking initiative in digital finance with the Monetary Authority of Singapore's live CBDC pilot for 2024.
Paxos Spearheads Singapore’s Stablecoin Evolution With USD-Backed Token Initiative
Singapore has issued in-principle approval to stablecoin firms Paxos and StraitsX for issuing a USD-backed stablecoin. Among the other Asian countries, Japan and Hong Kong are also looking to develop ...
Why is the crypto market up? Bitcoin nears $38,000
Bitcoin has shown its solid resistance amid the inflation and interest rates that have already affected other financial assets, including the US stock market. The crypto market however is facing a ...
Crypto Firm Paxos to Issue U.S.-Dollar Stablecoin in Singapore
Paxos said it will issue a new U.S. dollar-pegged stablecoin in Singapore after getting approval from local regulators to offer digital payment token services. The stablecoin would mark Paxos' first ...
Singapore, US and IPEF partner countries agree on lowering carbon emissions and corruption in trade
SINGAPORE - Singapore, the United States and 12 other Indo-Pacific countries have signed agreements aimed at lowering the carbon emissions and lowering corruption in trade, the Ministry of Trade and ...
‘Singapore is wide open for business’: EnterpriseSG launches overseas centre in San Francisco | Video
Enterprise Singapore (EnterpriseSG) on Tuesday (Nov 14) launched its San Francisco Overseas Centre to facilitate Singapore companies’ entry into the United States and boost trade and investment ...
Study: How Singapore’s unicorn landscape cultivates its business-friendly image
A recent study has found that the enterprise tech sector dominates the unicorn landscape globally, with Singapore accounting for 2% of the total unicorn valuation.
AP PHOTOS: Singapore gives the world a peek into our food future
In 2019 Singapore launched a program called 30 by 30, designed to spur the country to produce 30% of its food by 2030, while still using less than 1% of its land for agriculture. The program has ...
Singapore, US and IPEF partner countries agree on lowering carbon emissions, corruption in trade
SINGAPORE - Singapore, the United States and 12 other Indo-Pacific countries have signed agreements aimed at lowering the carbon emissions and lowering corruption in trade, the Ministry of Trade and ...
Egg importer fined $7,500 for failing to get imports inspected by SFA
The firm failed to arrange for SFA’s inspection, examination, and certification of six hen egg consignments. Read more at straitstimes.com.
Singapore develops generative AI risk framework; digital money and ESG also to the fore
The Monetary Authority of Singapore has brought together banks and tech firms to develop a generative AI risk framework and is now exploring how the technology can be used in the financial services ...
Singapore Central Bank to Start ‘Live’ Wholesale CBDC Trials
The trials are part of a broader initiative to set up infrastructure for digital money transfers, including tokenization of banking assets.
Singapore Unveils Latest Relief Package to Ease Cost of Living
Singapore's government unveiled its latest support package to provide more relief for households as well as businesses.
Paxos secures preliminary license for crypto services in Singapore
Paxos, the blockchain infrastructure firm, has obtained a preliminary license from the Monetary Authority of Singapore (MAS).
Singapore vies with Asian peers for slice of US$127bil stablecoin sector
SINGAPORE (Bloomberg): Singapore awarded a batch of in-principle license approvals to stablecoin issuers, intensifying the competition among Asian financial hubs for a slice of a key crypto segment ...
Paxos to Issue New US Dollar-Backed Stablecoin in Singapore
American stablecoin issuer, Paxos has received the preliminary license that will make it float a new Dollar-backed stablecoin in Singapore.