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Singapore central bank proposes legislative framework for stablecoins

The Monetary Authority of Singapore (MAS) today published a consultation paper on proposed legislative amendments to the Payment Services Act 2019 (PS Act) to implement MAS’ regula...

Singapore Moves Closer to Dedicated Stablecoin Regulation

Singapore is moving closer to regulating stablecoin issuers under a dedicated framework. The Monetary Authority of Singapore (MAS) is seeking feedback on changes to the Payment Ser...

MAS Keeps Watch on Physical Banking Access as Digital Adoption Grows

The Monetary Authority of Singapore (MAS) does not dictate where banks place branches or cash machines but will step in when significant access gaps emerge. The regulator monitors...

Singapore proposes new stablecoin rules covering foreign issuers and interest

The Monetary Authority of Singapore has proposed amendments to the Payment Services Act 2019 that would put its stablecoin framework into law while introducing rules for overseas i...

Maybank Singapore Joins MAS’ BLOOM for Tokenised Cross-Border Payments

Maybank Singapore has joined the central bank’s BLOOM initiative to advance programmable cross-border settlement. Launched in October 2025, BLOOM stands for Borderless, Liquid, Ope...

Gemini receives Singapore payment license for crypto services

Gemini’s local entity is authorized to provide digital payment token and cross-border money transfer services without standard transaction-volume limits.Crypto exchange Gemini has...

MAS Commits S$220 Million Funding to Singapore’s Next Fintech Push

The Monetary Authority of Singapore (MAS) will invest S$220 million over three years to advance fintech innovation and technology adoption. The funding will be provided through the...

Cumberland secures Singapore MPI licence for crypto payment services

Cumberland has secured a Major Payment Institution licence from Singapore’s central bank, allowing its local unit to offer regulated digital payment token and cross-border money tr...

MAS Calls for Stronger AML Controls Among Crypto Firms

The Monetary Authority of Singapore (MAS) has flagged weaknesses in how some crypto firms apply anti-money laundering (AML) controls. MAS found that digital payment token service p...

MAS to Add More Banks to COSMIC Financial Crime Sharing Platform

The Monetary Authority of Singapore (MAS) will bring more banks onto COSMIC and widen the platform’s scope beyond its three initial financial crime risks. MAS launched the Collabor...

MAS pushes digital assets beyond crypto speculation as Coinbase expands in Singapore

Singapore’s central bank is drawing a firmer line between digital assets built for speculation and those that could make financial markets work better, as global crypto exchange Co...

MAS Grants KPay In-Principle Approval for Payments Licence

KPay has received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payments Institution (MPI) licence under the Payment Services Act 2019. The...

KPay Secures MAS In-Principle Approval for Major Payment Institution Licence

KPay has received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payments Institution (MPI) licence under the Payment Services Act 2019. The...

Singapore Puts $173 Million Behind Its Next Fintech Push

Singapore raised its three-year fintech support budget by 46.7% today (Monday). The Monetary Authority of Singapore (MAS) committed S$220 million (about $173 million) through FSTI...

Singapore Proposes Ban on Yields on Regulated Stablecoins

Singapore's central bank is proposing a complete ban on paying interest or yield on regulated stablecoins under new Payment Services Act amendments.

MAS commits S$220 million to accelerate innovation in the fintech sector: Gan Kim Yong

The fourth iteration of the scheme will be implemented through six tracks spanning institutional innovation, AI adoption, infrastructure and platforms and talent development.  

SBI Holdings Takes Majority Stake in Singapore’s Coinhako After MAS Approval

Bitcoin Magazine SBI Holdings Takes Majority Stake in Singapore’s Coinhako After MAS Approval SBI Holdings has acquired a majority stake in Singapore's Coinhako after MAS approval...

Singapore Now Has 37 Licensed Crypto Firms Out of Nearly 300 Applicants

Singapore’s financial regulator has licensed 37 digital payment token service providers out of nearly 300 applications since its regulatory framework took effect in 2020. Monetary...

Singapore growth to hold firm but AI boom a ‘major uncertainty’: central bank

Singapore’s economic growth should remain firm in the second half of 2026 although a major uncertainty is the sustainability of the AI investment boom, the head of its central bank...

Cumberland Secures Singapore Licence for Digital Tokens, Money Transfers

Cumberland has secured a Major Payment Institution licence in Singapore to provide digital payment token and cross-border money transfer services. The Monetary Authority of Singapo...

UBS raises USD/SGD price target on Fed hawkishness, MAS tightening

Singapore-Founded Paymonade Gets MiCA Licence Across 30 European Markets

Singapore-founded Paymonade can now offer regulated crypto services across 30 European markets under a single MiCA licence. Damoon Technology (Europe), which trades as Paymonade, r...

Singapore Regulators Form AI Cyber Taskforce as Cyber Threats Grow More Sophisticated

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) are bringing financial institutions and payment infrastructure providers together to addre...

MAS to Finalise AI Risk Guidelines Covering Agentic AI

The Monetary Authority of Singapore (MAS) will soon finalise its AI risk management guidelines. The guidelines will cover agentic AI alongside other AI use cases in financial insti...