Digital Assets Take Center Stage: Singapore Spearheads Partnership With Tech ...
In the realm of digital assets, the Monetary Authority of Singapore (MAS) is forging an unprecedented alliance with esteemed financial regulatory bodies from around the world, including the Financial Services Agency of Japan (FSA), the Swiss Financial Market Supervisory Authority (FINMA), and the UK Financial Conduct Authority (FCA). Their collective mission is to spearhead a […]
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IBM expanded its blockchain efforts in Singapore today with news it will open the Center for Blockchain Innovation in partnership with the Singapore government. Coming just week after the company announced it would open a new facility in Singapore for 5,000 computer scientists, today’s news is suggestive of what has been called a high level of support for blockchain technology in the region. Robert Morris, vice-president of Global Labs at IBM Research, said in a statement that advances in cloud services are making the distributed ledger technology more widely accessible in new regions and....
Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish Itself as Center for Crypto Business Authorities in Singapore are taking steps to cement its position as a key player in crypto business, the official who has been at the helm of the Monetary Authority of Singapore (MAS) for a decade has revealed in an interview. It comes as Singapore and other....
Digital asset company Bakkt announced a partnership with Tech giant Google on Friday. This project “is to extend the reach and usability of digital assets to meet rapidly evolving consumer demand and preferences.” The partnership will introduce digital assets to millions of consumers. And also make payments more accessible. Bakkt’s New Partnership With Google Intercontinental Exchange, […]
Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve’s local offices. The Federal Reserve Bank of New York has announced it will be partnering with the Bank for International Settlements Innovation Hub as part of the launch of its New York Innovation Center, an initiative aimed at exploring technology used to develop the global financial system. In a Monday speech for the opening of the New York Innovation Center, Federal Reserve chair Jerome Powell said the partnership would support the agency’s analysis of digital....
The Monetary Authority of Singapore (MAS) has officially announced a partnership with fintech firm R3. The joint effort will also see the launch of a distributed ledger technology (DLT) Center of Excellence in Asia. The Asian DLT lab will focus on expanding the emerging technology across the region. R3 & MAS Will Create a Distributed Ledger Asian Lab....