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 […]
S&P Global Ratings is proud to announce its participation in the Monetary Authority of Singapore‘s (MAS) Project Guardian. This initiative unites policymakers and the financial industry to enhance liquidity and efficiency in financial markets through the use of asset tokenization. As a new member of Project Guardian’s industry group, S&P Global Ratings will collaborate with […]
