The Monetary Authority of Singapore (MAS) has announced an expansion of initiatives to advance asset tokenisation within financial services. This effort includes partnerships with global industry associations and financial institutions to establish common standards for asset tokenisation in fixed income, foreign exchange (FX), and asset & wealth management. Additionally, MAS and international financial institutions have […]
Paxos has received full approval from the Monetary Authority of Singapore (MAS) for its entity, Paxos Digital Singapore Pte. Ltd., to offer digital payment token services as a Major Payments Institution. This approval allows Paxos to issue stablecoins under MAS’ upcoming stablecoin framework. With this approval, Singapore joins the United States and United Arab Emirates […]
Clearstream, DekaBank, and DZ Bank have jointly issued two tokenized bonds valued at €5 million each, using distributed ledger technology (DLT). These issuances are part of the European Central Bank (ECB) trials aimed at exploring the potential of DLT for settling wholesale transactions in central bank money. The entire process, from the transaction of the […]
