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 […]
Digital asset innovator I-ON Digital Corp. announces plans for a Digital Banker-in-a-Box Platform-as-a-Service (PaaS), strategically designed to assist Regional and Community Banks in navigating the complexities of managing tokenized real-world assets (RWAs). Leveraging their expertise in RWA tokenization, including the flagship gold-backed digital asset, ION.au, the company aims to act as a key industry resource […]
