Tag: Monetary Authority of Singapore (MAS)

Digital Securities Platform iSTOX Nets $5M Investment from Korean Firm
Blockchain

Digital Securities Platform iSTOX Nets $5M Investment from Korean Firm

Earlier this week, iSTOX announced a $5 million investment from South Korea-based asset management firm, Hanwha. iSTOX has now received backing from firms located in Singapore, Japan, and South Korea. iSTOX and its $5 Million Investment from South Korea-based Hanwha Explained iSTOX is a developing digital securities platform based in Singapore. As an end-to-end platform,…

Japan Joins Asian Security Token Market Through iSTOX
Technology

Japan Joins Asian Security Token Market Through iSTOX

On November 14th 2019, Japan-based firm Tokai Tokyo Financial Holdings announced an investment in developing security token platform iSTOX. The investment is anticipated to result in a higher rate of security token adoption in Japan and could even lead to Japan’s own security token exchange in the future. Details Concerning Tokai Tokyo’s Investment in iSTOX…

Monetary Authority of Singapore to Introduce a Regulatory Framework for Cryptocurrency Exchanges
Blockchain, Business

Monetary Authority of Singapore to Introduce a Regulatory Framework for Cryptocurrency Exchanges

The Monetary Authority of Singapore (MAS) continues to proactively integrate Distributed Ledger Technology (DLT) with finance. Most recently, they are working on a new bill which would do what only a few regulatory bodies around the world have done: provide a clear regulatory framework for cryptocurrency exchanges. The Monetary Authority of Singapore’s Push for Cryptocurrency…

CapBridge to Launch Regulatory Approved Security Token Exchange in Singapore
Blockchain, Business

CapBridge to Launch Regulatory Approved Security Token Exchange in Singapore

Regulatory authorities in Singapore have recently announced the approval of 1exchange, a security token exchange developed by CapBridge and Consensys. With this latest headline adding to a wave of regulatory support in Singapore throughout the past few months, Singapore is positioning itself to become a security token leader across Asia and perhaps, even beyond. Singapore…

MAS and SGX Develop Blockchain Agnostic Prototypes to Shorten Settlement Cycles
Blockchain, Business

MAS and SGX Develop Blockchain Agnostic Prototypes to Shorten Settlement Cycles

The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) have integrated blockchain technology and smart contracts to significantly shorten settlement periods. Along with the technology of Nasdaq, Deloitte, and Anquan, the new interoperable prototypes will bring benefits to finance that have yet to be seen. How MAS and SGX Have Shortened Settlement Periods for…