We have seen the devastating events of 2022 leave their mark on the flow of time sweeping across the cryptocurrency market. Many predicted that the market failures witnessed throughout last year would...
Tag: MAS
MAS Crypto Proposal “Overly Restrictive,” Says Lobbyists
The principal cryptocurrency lobbying association in Singapore has been critical of the central bank’s crypto proposals, calling them “overly restrictive.” The Monetary Authority of Singapore recently...
Jack Ma’s Ant Group Gets Regulatory Nod For $1.5 Billion Capital Increase Plan
Jack Ma, co-founder of e-commerce giant Alibaba and fintech giant Ant Group. (Photo by Chesnot/Getty Images) Getty Images Chinese billionaire Jack Ma’s Ant Group won regulatory approval to boost the r...
Multiple Award Schedule (MAS) Contract Awarded to Simba Chain by the General Services Administration
Advertisement     With this multi-year contract, Simba Chain will be able to offer its blockchain services and solutions to all US federal departments and agencies. Si...
General services administration awards multiple award schedule (MAS) contract to Simba chain
After securing over fourteen contracts with the Department of Defense and other federal departments since 2017, the US General Services Administration (GSA) has awarded Simba Chain, the leading blockc...
MAS Explains Reasons for Not Alerting Local Users About FTX
The Monetary Authority of Singapore stated that there was no reason to caution investors against FTX crypto exchange as it did with Binance because the former did not actively solicit users in Singapo...
MAS dispels Binance and FTX treatment misconceptions following the latter’s collapse – crypto.news
On November 21st, the Monetary Authority of Singapore (MAS) released a statement addressing a few misconceptions surrounding crypto exchange FTX and Binance. In the statement, MAS stated that they lis...
Singapore’s MAS Could Have Protected FTX Users
The Monetary Authority of Singapore (MAS) on Monday stated that it can’t protect FTX’s local users as the crypto exchange was not licensed by the MAS and operated offshore. Moreover, the MAS clarifies...
Singapore’s MAS says FTX does not operate in the country
The Monetary Authority of Singapore (MAS) stated that the bankrupt crypto exchange FTX does not operate in the country, Wu Blockchain reported on Nov. 14. The Monetary Authority of Singapore (MAS) res...
New York Fed collaborates with Singapore MAS to explore CBDCs
The New York Innovation Center (NYIC) of the Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) will launch a joint experiment with wholesale central bank digital currencie...
New York Federal Reserve Partners With MAS to Research on wCBDCs
A new collaboration between the Federal Reserve Bank of New York’s New York Innovation Center (NYIC) and the Monetary Authority of Singapore (MAS) has been confirmed to be targeted toward research int...
Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report – Exchanges Bitcoin News
Cryptocurrency exchange Bybit has no intention to introduce restrictions for Russian traders, despite a recent reminder by the Monetary Authority of Singapore (MAS) about the obligations of crypto pro...
MAS Initiates CBDC Project—Yet Aspires to Make Singapore Crypto Hub, Again!
In its press release, the Monetary Authority of Singapore(MAS) informed about the launch of Ubin+ ambition to explore the use of central bank digital currency(CBDC) for cross-border currency transacti...
Singapore will be a crypto hub but not for speculative trading, MAS says
Singapore and Hong Kong are two financial hubs looking to peep each other to the goal of becoming the de facto crypto and financial innovation hub in Asia. Notably, Singapore ranks third behind London...
JPMorgan Executes First DeFi Trade Using Polygon for MAS’ Project Guadian
As part of the Monetary Authority of Singapore (MAS) Project Guardian pilot, JPMorgan completed the first live cross-border transaction using Polygon on November 2. MAS’ Project Guardian initiative ai...
Singapore’s MAS Starts Wholesale CBDC Project Ubin+ for Cross-Border Payments
While central banks around the world are looking into digital iterations of local sovereign currencies for use by citizens in daily transactions, progress on wholesale CBDCs – that can be built on tec...
Circle Secures In-Principle Regulatory Approval From Singapore’s MAS – crypto.news
USDC Coin (USDC) stablecoin issuer Circle has received in-principle approval from The Monetary Authority of Singapore (MAS) to offer digital payment services in Singapore, according to a press release...
MAS Launches First DeFi Pilot Tests With Polygon and Aave
The Monetary Authority of Singapore (MAS) has announced that it has succeeded in conducting wholesale transactions launching with a focus on exploring both digital assets and the Decentralized Finance...
Singapore Starts Two New Token Pilots under MAS Project Guardian
A live cross-currency transaction involving tokenized JPY and SGD deposits was also successfully conducted alongside a simulated exercise that involved buying and selling tokenized government bonds. T...
Singapore’s MAS says no urgent case for retail CBDC, but launches 4 fast trials of it
The Monetary Authority of Singapore (MAS) has wrapped up the first stage of its Project Orchid examination of a retail central bank digital currency (CBDC). According to the white paper released on Oc...
MAS Seeks to Ban All Forms of Crypto Credits in Singapore
The Monetary Authority of Singapore (MAS) has issued a new set of guidelines in its characteristic manner to tame the risks inherent in the crypto industry to retail consumers. The MAS said Digital Pa...
Singapore MAS to Ban Crypto Credits to Control Token Trading
14 seconds ago | 2 mins read Bitcoin News Both consultation papers seek to reduce consumer trading risks. The second consultation paper offers suggestions for Singapore’s stablecoin regulatory framewo...
Creadores de NFTs basados en Ethereum recibieron más de US$1800M en regalías, según Galaxy Digital
Según datos de Dune citados en el informe, Nike, que adquirió la startup de coleccionables digitales RTFKT, obtuvo US$91,6 millones en regalías NFT consolidadas. Otras marcas del mundo real, como Gucc...
Bitcoin tardó más de una hora en minar un bloque y retrasó miles de transacciones
La semana pasada, Bitcoin tuvo un ajuste de dificultad para asegurar que las confirmaciones sucedieran cada 10 minutos. Con el aumento de la dificultad para minar a 35,6 billones se vuelve más costoso...
MAS Distances Itself From Unregulated Crypto, Can It Continue Ruling?
The Monetary Authority of Singapore (MAS) Chairman said that not all crypto activities are regulated in response to parliament, as the country has faced some high-value crypto collapses in the last fe...
Estamos en el mercado bajista más importante en la historia de las criptomonedas
Y lo que es más importante, los degens y las ballenas son especuladores y proveedores de liquidez, no “usuarios” propiamente dichos. Para lograr reducir la ciclicidad del mercado, los proyectos de cri...
La fusión de Ethereum ya es un hecho y abre una nueva era para la segunda blockchain más grande
Edgington, quien comenzó su carrera investigando el clima antes de aterrizar en el mundo de las criptomonedas, entendió por qué su hija pensaba eso. “Con razón o no, ella absorbió una narrativa ambien...
Singapore may adopt tougher rules for retail crypto market
The Monetary Authority of Singapore may adopt stricter rules for retail crypto market participants, managing director Ravi Menon said Monday. The city-state’s de facto central bank sought to dif...
Singapore’s MAS To Introduce Restrictions Over Crypto Trading
Bitcoin News Ravi Menon claims that the promise of substantial cost hikes is what draws them in. Despite warnings and safeguards, consumers are rapidly trading in cryptocurrencies. There is no denying...