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Singapore’s Central Bank, JP Morgan To Develop Blockchain-based Cross-Border Payments System

Supriya Saxena November 11, 2019

Singapore’s Central Bank, the Monetary Authority of Singapore (MAS) has partnered with investment banking giant JP Morgan and developed a blockchain prototype for cross-border payments.  Payment Settlements Using Different Currencies On Single Network The prototype will enable payment settlements using different currencies on the same network. For the same, Temasek, an investment firm owned by

Singapore’s Central Bank, the Monetary Authority of Singapore (MAS) has partnered with investment banking giant JP Morgan and developed a blockchain prototype for cross-border payments.  Payment Settlements Using Different Currencies On Single Network The prototype will enable payment settlements using different currencies on the same network. For the same, Temasek, an investment firm owned by

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Regulation News
scam
Regulation News

Authorities Caught Fake Website on Deceptive Promotion of National Cryptocurrency

Tabassum December 4, 2019

The Monetary Authority of Singapore (MAS) released yet another caution notice on grounds of cryptocurrency. However, this time, scammers ‘allegedly claimed themselves’ as a company, supported by the Singaporean government. Bogus websites Continue to Emerge In the latest release, MAS warns the public not to be indulged or misled by the ‘fraudulent crypto firm’ which

The Monetary Authority of Singapore (MAS) released yet another caution notice on grounds of cryptocurrency. However, this time, scammers ‘allegedly claimed themselves’ as a company, supported by the Singaporean government. Bogus websites Continue to Emerge In the latest release, MAS warns the public not to be indulged or misled by the ‘fraudulent crypto firm’ which

Regulation News
Regulation News

Singaporean Monetary Authority Halts ICO Token for Regulatory Breach

Tabassum December 4, 2019

An official website of Monetary Authority of Singapore (MAS) has published a report of ceasing a security token offering. According to the statement, the firm wasn’t authorized for a certain offering to proceed under the Securities and Future Act (SFA). MAS Ceased ICO Offering The news broke out on Thursday, Jan 24, 2019, via the

An official website of Monetary Authority of Singapore (MAS) has published a report of ceasing a security token offering. According to the statement, the firm wasn’t authorized for a certain offering to proceed under the Securities and Future Act (SFA). MAS Ceased ICO Offering The news broke out on Thursday, Jan 24, 2019, via the