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Stablecoin Issuer Paxos Receives Operating License From Singapore RegulatorNEW: PaxosGlobal has secured an operating license in Singapore, allowing the stablecoin issuer to offer services to local businesses. nikhileshde reports
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Singapore bank DBS uses DeFi to trade FX and state securitiesFX and government securities' trading can benefit from DeFi, DBS Bank found within a study backed by the Monetary Authority of Singapore.
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Singapore Grants Stablecoin Issuer Circle In-Principle License to Offer Payment ProductsStablecoin issuer Circle received an in-principle licence from Singapore to offer payment products, the same day Paxos received a similar licence. nikhileshde reports.
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Singapore Starts Two New Token Pilots With Standard Chartered, HSBC and OthersUPDATE: MAS_sg announced a pilot with StanChart to look at tokens in trade finance, and another with HSBC, UOB and Marketnode to look at tokenization of wealth management products. By parikshitm899
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