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Tag Archives: Singapore

Visa Offers Cryptocurrency Card In Singapore

Share Tweet Share Share Share Print Email Singapore residents will soon be able to make purchases with a prepaid Visa card backed by the cryptocurrency platform Monaco. “Our team has worked incredibly hard over the past year to achieve this milestone. This is an important step towards Monaco’s vision to …

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Visa Approves Monaco Cryptocurrency Card for Singapore Residents

By November 1, 2017, 12:36 PM EDT Visa Inc. has approved a prepaid card backed by the cryptocurrency Monaco as the world’s largest payments network continues its foray into digital currencies. Monaco’s prepaid card has been approved for issuance to Singaporean residents, Visa spokeswoman Lea Cademenos said in an email. …

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Singapore and Hong Kong Link Their Trade Finance Blockchain Platforms – The Merkle

Fraud and errors present in the funding of international trade can be disastrous given the trillions of dollars in play. Consequently, the Singapore and Hong Kong central banks recently unveiled plans to link their respective trade finance platforms developed via blockchain technology. Central Banks Link Their Platforms Back in 2016, the Hong Kong Monetary …

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What Would Happen if Singapore Regulates Bitcoin?

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. At a conference, Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), the country’s central bank, stated that the country does not intend to regulate bitcoin and the cryptocurrency market in the short-term. In …

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Singapore aims to finish its own cryptocurrency trial next year

Singapore will conclude its experiment with blockchain technology and its own digital currency next year before deciding whether to commercialize the trial, the country’s regulator has told CNBC. In 2016, the Monetary Authority of Singapore (MAS) announced “Project Ubin,” an exploration of blockchain or distributed ledger technology. The project is …

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Hong Kong and Singapore Will Launch Blockchain-Based Project to Link Their Trade Finance Platforms

On Oct. 25, Hong Kong and Singapore announced that they are going to cooperate on a cross-border trade project based on Blockchain technology by linking their trade finance platforms. The announcement from Hong Kong Monetary Authority reads: “The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Singapore (MAS) …

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Hong Kong and Singapore Will Launch Blockchain-Based Project to Link Their Trade Finance Platforms

On Oct. 25, Hong Kong and Singapore announced that they are going to cooperate on a cross-border trade project based on Blockchain technology by linking their trade finance platforms. The announcement from Hong Kong Monetary Authority reads: “The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Singapore (MAS) …

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Hong Kong, Singapore to link up trade finance blockchain platforms

HONG KONG (Reuters) – Hong Kong and Singapore’s de facto central banks unveiled plans on Wednesday to link trade finance platforms they are developing with blockchain technology, to reduce potential fraud and errors in the multi-trillion-dollar funding of international trade. FILE PHOTO: A security guard walks past a directory board …

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Hong Kong, Singapore sign fintech deal, will collaborate on blockchain

Roslan Rahman | AFP | Getty Images This photograph taken on March 4, 2016 shows the skyline of the Singapore financial business district at night. Hong Kong and Singapore have agreed to cooperate on a cross-border trade project based on blockchain technology as part of a broader joint strategy on …

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Singapore Central Bank, Bank Association, Accenture in Blockchain Tie-Up – U.S. News & World Report

U.S. News & World Report Singapore Central Bank, Bank Association, Accenture in Blockchain Tie-UpU.S. News & World ReportNEW YORK (Reuters) – U.S. consulting company Accenture said on Thursday it has been appointed by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) to manage and …

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