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Singapore

Grab records impressive growth in Singapore after takeover row with local regulators
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23 August, 2024

Grab records impressive growth in Singapore after takeover row with local regulators

An overview of the report reveals that Singapore is responsible for a chunk of the positives trailing Grab's Q2 financials,...
DBS streamlines liquidity management with new blockchain token
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21 August, 2024

DBS streamlines liquidity management with new blockchain token

The "DBS Treasury Tokens" are expected to revolutionize liquidity management for global corporations while optimizing internal and external processes.
Moody’s joins Singapore’s Project Guardian to assess tokenization risk
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29 July, 2024

Moody’s joins Singapore’s Project Guardian to assess tokenization risk

Moody’s will focus on fixed-income workstreams, from fractionalized bonds and stablecoins to tokenized deposits for Singapore’s central bank’s Project Guardian.
Singapore, US to strengthen bilateral cooperation in new emerging tech and AI
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27 July, 2024

Singapore, US to strengthen bilateral cooperation in new emerging tech and AI

Singapore and the United States are exploring the use of LLMs in defense applications and the best way to manage...
Singapore reinforces fintech hub bid with AI, quantum computing at its helm
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25 July, 2024

Singapore reinforces fintech hub bid with AI, quantum computing at its helm

Singapore pours $74.3 million into investing in AI and quantum computing technologies as part of its grand vision to propel...
Singapore heightens risk factor of exchanges to counter terrorist financing
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5 July, 2024

Singapore heightens risk factor of exchanges to counter terrorist financing

While the Monetary Authority of Singapore has elevated the risk factor for digital asset exchanges, it noted that there are...
IMF: Singapore, Denmark, US most prepared for AI
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5 July, 2024

IMF: Singapore, Denmark, US most prepared for AI

The IMF has released its AI Preparedness Index, which assesses 174 countries and how ready their economies are for the...
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...
Asia-Pacific navigates diverse stablecoin regulations, experts weigh in
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3 May, 2024

Asia-Pacific navigates diverse stablecoin regulations, experts weigh in

As APAC countries navigate the complex landscape of stablecoin regulations, industry stakeholders must tread carefully, balancing innovation and compliance in...
Singapore’s A*STAR exploring new energy, AI solutions with Seatrium
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24 April, 2024

Singapore’s A*STAR exploring new energy, AI solutions with Seatrium

Seatrium's latest collaboration with Singapore's A*STAR will combine their strengths to revolutionize the offshore and marine sector, using generative AI...
Singapore amends payment laws to cover digital payment tokens
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3 April, 2024

Singapore amends payment laws to cover digital payment tokens

Singapore now requires virtual asset service providers (VASPs) to file for a license within a month or face shutdown, even...
Grab integrates digital currency payment in Singapore through Triple-A partnership
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22 March, 2024

Grab integrates digital currency payment in Singapore through Triple-A partnership

With the evolution of the payments industry, Grab has expanded its payment options to include five digital currencies, offering users...