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Monetary Authority of Singapore

Singapore’s central bank expresses money laundering concerns with digital assets
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26 June, 2024

Singapore’s central bank expresses money laundering concerns with digital assets

While it considers legacy banking as the biggest risk for money laundering, the Monetary Authority of Singapore believes that digital...
Deutsche Bank explores tokenized funds to survive margin compression
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4 June, 2024

Deutsche Bank explores tokenized funds to survive margin compression

Deutsche Bank says that in the face of lower fee income, banks must be innovative to survive, and its collaboration...
Monetary Authority of Singapore expands digital assets oversight under new bill
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17 January, 2024

Monetary Authority of Singapore expands digital assets oversight under new bill

The proposed bill gives the Singapore central bank the power to issue written directions on minimum standards for companies that...
China, Singapore launch digital yuan cross-border payments pilot for tourists
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14 December, 2023

China, Singapore launch digital yuan cross-border payments pilot for tourists

The Monetary Authority of Singapore and People's Bank of China have signed the MOU to allow Chinese and Singaporean tourists...
Singapore digital currency rules tightened to discourage speculative activities
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2 December, 2023

Singapore digital currency rules tightened to discourage speculative activities

The Monetary Authority of Singapore is proposing stricter digital currency guidelines to regulate Digital Payment Token service providers and protect...