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.
A Rising Rate Environment will Tilt from Bonds to Crypto, Says Fundstrat Founder
Thomas (Tom) Lee, the founder of Fundstrat Global Advisors, believes that a hike in interest rates will be a game-changer for crypto because other investments like bonds will become less attractive.
ConsenSys Acquires MyCrypto to Strengthen MetaMask and Enhance Product Security
The Ethereum software company ConsenSys has acquired the Ethereum interface MyCrypto, aiming to integrate MyCrypto with the MetaMask wallet owned by ConsenSys and improve the security of all products.
Coinbase's NFT Platform to Allow Purchase With Credit & Debit Cards
Following its new partnership with Mastercard, Coinbase Global Inc will start allowing users to buy NFTs with credit cards and debit cards.
Singapore Bars Crypto Service Providers for Public Ads
In a bid to protect members of the investing public, the Monetary Authority of Singapore has prohibited all outdoor advertisements for all cryptocurrencies or digital payment tokens (DPT) service providers.
Vodafone to Auction the World's First "Merry Christmas" SMS Message as NFT
Vodafone is making its entry into the NFT ecosystem by auctioning the world’s first Short Message Service (SMS), which reads “Merry Christmas.”
Mastercard Onboards Ava Labs as Part of Start Path Crypto Program
American payment services firm Mastercard has onboarded Avalanche blockchain creator Ava Labs as part of its Start Path Crypto Program.
Binance to Withdraw its Singapore Operating License Application
Crypto trading platform Binance is allegedly considering the options of pulling its applications for a license to operate in Singapore.
ConsenSys Completes $200M Funding Round at $3.2B Valuation
ConsenSys, the blockchain startup behind the Metamask wallet has raised $200 million in new funding round, pushing its valuation up to $3.2 billion.
MAS Sees Potential in Retail-CBDC for the City-State
Despite its plans to float Project Orchid, the technology infrastructure, and the technical competencies necessary to issue a digital Singapore dollar, the Monetary Authority of Singapore (MAS) is not in a hurry to follow the bandwagon.
Mastercard Partners with 3 Firms to Launch First Crypto-Linked Payment Cards in Asia Pacific
Mastercard said that it has cooperated with three well-known digital asset companies in the Asia-Pacific region to launch a Mastercard payment card funded by cryptocurrency.