MAS
The Monetary Authority of Singapore (MAS) is Singapore's central bank. The mission of the MAS is to promote sustained non-inflationary economic growth, and a sound and progressive financial center. The MAS has leveraged blockchain technology for its Project Ubin central bank digital currency (CBDC) project.
Crypto Bank Custodia Files Lawsuit against Federal Reserve for Delaying Master Account Application
Wyoming state-based digital asset bank Custodia has filed a lawsuit against the authority for unlawfully delaying a decision on its applications for a master account.
Singapore Regulator MAS is Exploring Use of Cases in Digital Assets
The Monetary Authority of Singapore (MAS) has launched Project Guardian, a sandbox initiative that is set to explore a number of defined use cases with respect to asset tokenization on the blockchain.
Bahamas’ Sand Dollar CBDC Begins Facial-Recognition Rollout to Authorize Mobile Payments
Millions of Bahamas smartphone users have started using facial recognition technology to authenticate Sand Dollar CBDC payments made through smart devices.
Exmo Trading Platform Stops Services in Russia, Belarus & Kazakhstan
Cryptocurrency trading platform Exmo has announced it will stop serving traders and customers from Russia, Belarus, and Kazakhstan.
Nexo Launches Crypto-Backed Credit Cards in Europe in Partnership With Mastercard
Digital assets platform Nexo has inked a deal with Mastercard and DiPocket to launch crypto cards that will allow its customers in Europe to spend digital currencies without touching their funds.
Mastercard Files for 15 Crypto & Metaverse Related Trademarks
Mastercard has filed for 15 trademarks related to NFTs, crypto and metaverse.
Singapore Passes Law to Regulate VASPs Operating Abroad
Singapore-based Virtual Assets Service Providers (VASPs) which do their business offerings or products abroad are now required to secure licensing from the relevant authorities.
MetaMask Adds Apple Pay Integration, Expands Options for Buying Cryptos
ConsenSys-owned crypto wallet MetaMask announced Tuesday the addition of Apple Pay integration, increasing options for buying cryptocurrencies.
Demand for Zilliqa Blockchain in Play-to-Earn Games Gains Steam
Zilliqa, a public blockchain that offers solutions to decentralized applications (dapps) and enterprises, is emerging as one of the sought-after networks in the esports industry based on notable partnerships.
ConsenSys Hits $7 Billion Valuation in New Funding Round
ConsenSys has raised $450 million in a Series D funding round, giving the blockchain company a valuation of $7 billion.