#Monetary Authority of Singapore

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#Monetary Authority of Singapore

2 articles with this tag
Singapore Revokes Bsquared Crypto License Over Compliance Failures and Misleading Disclosures

Singapore Revokes Bsquared Crypto License Over Compliance Failures and Misleading Disclosures

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Singapore’s Monetary Authority of Singapore (MAS) just drew a very clear line: crypto businesses are welcome, but sloppy compliance gets shown the door. Bsquared Technology Pte Ltd has lost its Major Payment Institution license after MAS found serious failings in its controls, disclosures, and operating structure. MAS revoked Bsquared’s Major Payment Institution license Inspectors found […]

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Ripple and Singapore’s MAS Launch RLUSD Stablecoin Pilot for Blockchain Trade Finance

Ripple and Singapore’s MAS Launch RLUSD Stablecoin Pilot for Blockchain Trade Finance

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Ripple Partners with Singapore’s MAS for RLUSD Stablecoin Pilot in Blockchain Trade Finance Ripple has taken a significant step forward by teaming up with the Monetary Authority of Singapore (MAS) under the groundbreaking BLOOM initiative. This pilot program leverages Ripple’s RLUSD stablecoin and the XRP Ledger to test programmable settlement systems for cross-border trade finance, […]

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