Tag Archives: mas

According to the recently revealed information the Monetary Authority of Singapore (MAS) is allegedly looking into allowing cryptocurrency-based derivatives to be traded on regulated platforms within the city-state.This development may seem to be related to the fact that the crypto trading on mainstream platforms has become more of a reality in the last few years as cryptocurrencies have made appearances on stock exchanges around the world and there is a constant push within the industry to...

Singapore’s central bank – Monetary Authority of Singapore (MAS) – has recently joined hands with Wall Street giant JP Morgan and Temasek. The partnership aims to build a blockchain-based prototype for cross-border multi-currency payments.The announcement comes just a time when global banking institutions are exploring blockchain and digital currency payments. MAS also said that its blockchain prototype can carry payments in different currencies on the same network. In the official press...