Articles of Singapore

Watch | Singapore Payment License Waiver Buffers for 4 Months, Exchange Faces Final Test

Summary Singapore announced a list of payment service license exemptions. Digital currency payment services have only a four-month "buffer period", and digital currency transactions will eventually face difficulties in obtaining licenses. The Monetary Authority of Singapore announced a list of PSA licence exemptions, and digital currency payment services have only a four-month "buffer period". Recently, […]

Singapore Digital Bank Application Guide: Eligibility Criteria, Compliance Criteria, Inspection Criteria, and Operation Planning

Editor's Note: Original title was "Singapore Digital Bank Application Guide | Standard Consensus" Overview On January 7, 2020, the Monetary Authority of Singapore (MAS) announced that as of December 31, 2019, applications had been closed and 21 digital banking license applications had been received. These include 7 applications for full digital bank (DFB) licenses and […]

Monetary Authority of Singapore: We use distributed ledger technology to solve real-world problems, not technology

Source: 21st Century Business Herald Gu Yue reports from Beijing Editor's note: The original title was "Director of the Monetary Authority of Singapore: Discussions with the People's Bank of China on Digital Currency, etc." Regulatory sandbox, Project Ubin, APIX platform, artificial intelligence regulatory principles … Singapore has frequently acted to promote the development and supervision […]

The compliance exchange is about to appear in Singapore?

On December 18, 2019, the official website of the Monetary Authority of Singapore (hereinafter referred to as "MAS") issued an announcement announcing that the "Payment Services Act" will be formally implemented from January 28, 2020. You must apply for a license to make your operations compliant. According to the requirements, all exchanges seeking compliance must […]

Analysis of Singapore's Payment Services Act: What is the difference between the regulatory policies imposed on different types of digital currencies

Written by: Hao Kai, Wanxiang Blockchain Researcher Editor's Note: The original title was "A Preliminary Analysis of Singapore's Payment Services Act" Summary This article examines the main differences between Singapore ’s Payment Services Act and existing laws and regulations, and analyzes the impact of the Payment Services Act on Singapore ’s payment system and digital […]

Watch | What exactly is the appeal of the MAS Digital Banking License?

Source of this article: Golden Finance Author: Taylor W Singapore News: On January 7, 2020, the Monetary Authority of Singapore (MAS) announced that as of December 31, 2019, applications had been closed and 21 digital banking license applications had been received. These include 7 applications for Full Digital Banking (DFB) licenses and 14 applications for […]

"2019 Blockchain Panoramic Scan": Global Policy

Senior Analyst: Li Xueting Production: Planet Daily Odaily The blockchain has gone through 2019 in enthusiasm and noise. This "young" technology, which is still a toddler, has been trotting towards the second "decade" by its own financial attributes and crazy speculators. It has also been restored to rational investors and the followers. Regulators continue to […]

R3, IBM, JP Morgan Chase grab Singapore, seize new fortress of blockchain trade finance

Text: Golden Walk Source: Interchain Pulse In Singapore, a battle for blockchain trade finance without smoke has begun. Recently, several news related to Singapore have been announced one after another, delineating its important position in the global blockchain trade finance field, and the preemption of Singapore as a fertile land for trade by platforms such […]

Director of Monetary Authority of Singapore talks about Ubin project: more than 40 cooperative institutions, looking forward to working with China

Reporter: Chen Guojing Source: China Economic Net-Economic Daily Editor's note: Original title "Expecting China and Singapore to strengthen cooperation in the digital currency field-Interview with Meng Wenneng, Director General of the Monetary Authority of Singapore" During the Singapore Fintech Festival and Technology Innovation Week activities, the Monetary Authority of Singapore announced a partnership with JP […]

Why can Singapore's financial industry break through technology silos?

Wen | Visiting Professor of National University of Singapore and Dean of the White House School of Finance The Monetary Authority of Singapore favours balanced and principled supervision of the financial industry, creating an open, inclusive and stable financial environment. Its financial technology innovation and development is one of the global leaders. These not only […]