Blockchain Consortium Hyperledger Supports Global CBDC Challenge As Technical Partner

Announcements, Blockchain, News | June 29, 2021 By:

Hyperledger, a collaborative cross-industry effort created to advance blockchain technology, has announced its role as a technical partner for the Global CBDC Challenge.

Hyperledger is a global collaboration including leaders in finance, banking, healthcare, supply chains, manufacturing and technology. Hyperledger hosts many enterprise blockchain technology projects including distributed ledger frameworks,


Blockchain Experiment For Cross-Border Payments Completed By Central Banks Of Canada And Singapore

Blockchain, Innovation, News | May 2, 2019 By:

The Monetary Authority of Singapore (MAS) and the Bank of Canada (BoC) have successfully completed an experiment on cross-border and cross-currency payments using central bank digital currencies (CBDC).

The two central banks have been collaborating in the use of distributed ledger technology (DLT) and CBDCs to make the cross-border payment process cheaper,


Monetary Authority of Singapore Warns Against Crypto Investment Scams

News, Regulation | January 31, 2019 By:

The Monetary Authority of Singapore (MAS), the country’s central bank, has warned its citizens against fraudulent websites that solicit investments in cryptocurrencies.

In a statement, the MAS cautioned members of the public not to be misled by bogus websites that are soliciting cryptocurrency investments using fabricated information attributed to the Singapore government.


Monetary Authority Of Singapore Shuts Down Local ICO

ICO News, News, Regulation | May 25, 2018 By:

The Monetary Authority of Singapore (MAS), the country’s central bank, has shut down an unidentified initial coin offering (ICO) for allegedly offering unregistered securities.

In a release issued Thursday, MAS said it has directed an ICO issuer to stop offering digital tokens to Singapore-based investors after assessing that the issuer had contravened the country’s Securities and Futures Act (SFA),