Singapore Central Bank to Start ‘Live’ Wholesale CBDC Trials
MAS’ Orchid Blueprint sets out the technology infrastructure required for digital money transfers in the future, and a new set ...
Tag: Singapore
Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%
DBS branch in Hong Kong.Budrul Chukrut | SOPA Images, LightRocket | Getty ImagesSoutheast Asia's largest lender DBS Group reported a ...
Ripple obtains full license to operate in Singapore as it expands in Asia-Pacific
Brad Garlinghouse, chief executive officer of Ripple Labs Inc., speaks during the Token2049 conference in Singapore, on Wednesday, Sept. 13, ...
U.S. falls in new ‘financial inclusion’ ranking, a global measure of access to financial services, researchers say
"Financial inclusion," defined as individuals and businesses having access to useful and affordable financial products, has declined in the U.S., ...
How GlobalFoundries aims to remain world’s third-biggest semiconductor foundry
In its short 14-year history, GlobalFoundries has risen to become the world's third-largest chip foundry. Based in upstate New York, ...
Fugitive founder of crypto hedge fund that lost $10 billion arrested in Singapore while attempting to flee
Sopa Images | Lightrocket | Getty ImagesAuthorities have arrested crypto fugitive Su Zhu, co-founder of bankrupt digital asset hedge fund ...
Standard Chartered-owned crypto firm Zodia launches in Singapore
A view of the Standard Chartered bank in Singapore, May 3, 2023.Caroline Chia | ReutersZodia Custody, a company that helps ...
Asia promotes crypto clarity amid regulatory uncertainty in the U.S.
High-rise buildings are seen near Victoria Harbour in Hong Kong, China, July 24, 2023. (Photo by Costfoto/NurPhoto via Getty Images)Costfoto ...
Singapore among world’s first to agree stablecoin crypto regulation
Stablecoin Tether and Circle's USDC dominate the market.Justin Tallis | Afp | Getty ImagesSingapore's financial regulator on Tuesday said it ...
Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike
Singapore's United Overseas Bank is expecting "some upside" in interest income in the next quarter, after the U.S. Federal Reserve ...
