Singapore Central Bank Touts Blockchain for Payments
The chief of the Monetary Authority of Singapore has spoken of how blockchain's "strongest" use case is in cross-border settlement.
The central banks of Canada and Singapore have for the first time settled cross-border payments using blockchain and central bank digital currencies.
The Monetary Authority of Singapore and the national exchange are looking to blockchain for selling tokenized digital assets.
A new security token platform has launched with backing from Singapore stock exchange SGX and technical help from ConsenSys.
Singapore's central bank has warned eight digital token exchanges and an ICO issuer to stop trading tokens deemed unauthorized securities.
Singapore's central bank is proposing a change to existing exchange market rules aimed to ease blockchain adoption and decentralization.