Singapore Proposes Regulatory Boost for Decentralized Exchanges
Singapore's central bank is proposing a change to existing exchange market rules aimed to ease blockchain adoption and decentralization.
A new security token platform has launched with backing from Singapore stock exchange SGX and technical help from ConsenSys.
The central banks of Canada and Singapore have for the first time settled cross-border payments using blockchain and central bank digital currencies.
Singapore’s newly enacted Payment Services Act brings so-called Digital Payment Token (DPT) services under current anti-money laundering (AML) and counterterrorist-financing (CTF) rules.
The Monetary Authority of Singapore and the national exchange are looking to blockchain for selling tokenized digital assets.
Singapore's central bank has warned eight digital token exchanges and an ICO issuer to stop trading tokens deemed unauthorized securities.