decentralised finance (DeFi)
HitPay offers stablecoin payments acceptance to small and medium businesses
HitPay offers stablecoin payments acceptance to small and medium businesses
Merchants are settled in fiat and reconciled in HitPay.
MAS teams up with BIS, Swiss and France central banks to test wholesale CBDCs
Project Mariana used DeFi technology concepts on a public blockchain.
MAS kicks off pilot test of DeFi application in wholesale funding markets
The industry pilot was conducted by DBS Bank, JP Morgan and SBI Digital Asset Holdings.
MAS to explore digital assets use cases with Project Guardian
The first pilot sees DBS, JP Morgan, and Marketnode explore lending on a public blockchain.
Singapore bans promotion of cryptocurrency trading in public
The new guidelines instruct against marketing DPT services in public areas.
Commentary
In Asia, fintech leaders must compete on credibility
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