Tag Archives: singapore exchange

The Monetary Authority of Singapore (MAS) approved ICHX Tech Pte, iSTOX’s parent company, as a market operator on February 1, granting it a capital markets services license, Bloomberg reports. The approval sets iSTOX up as one of the first securities token platforms to receive this license, ICXH Tech stated.The license removes several restrictions from the platform, allowing the startup to increase the size of its issuance as well as the number of investors it can take on.iSTOX uses...

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...