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 […]
Societe Generale-FORGE (SG-Forge), a regulated subsidiary of Societe Generale, has announced a series of significant updates to its EUR CoinVertible (EURCV) stablecoin. These changes align with the European Markets in Crypto-assets (MiCA) regulation, facilitating widespread adoption and distribution. Launched in April 2023 on the Ethereum public blockchain for institutional clients, EUR CoinVertible has proven its […]
In the realm of finance, rare are the moments that beckon a seismic shift—a confluence of innovation and opportunity that promises to redefine the landscape. The tokenization of real-world assets (RWA) stands at this crossroads, heralding a transformative era for both decentralized finance (DeFi) and traditional finance (TradFi). As w witness this pivotal juncture, akin […]
