Singapore Moves to Help Crypto Startups Receive Banking Services
Singapore's central bank is building relationships to ensure local crypto-focused startups receive domestic banking services.
Working with JPMorgan and Temasek, Singapore's central bank has developed a prototype blockchain-based cross border payments system.
The Monetary Authority of Singapore reportedly has concerns over Facebook's recently unveiled cryptocurrency project, Libra.
The Monetary Authority of Singapore (MAS), the city-state's de facto central bank, may soon allow cryptocurrency-based derivatives to be traded on regulated platforms.
The Monetary Authority of Singapore and the nation's stock exchange have developed a blockchain-based settlement system for tokenized assets.
Blockchain startup Adhara, which aims to bring zero knowledge proofs to central bank systems, has secured $15 million in new funding from Consensys.