China’s digital yuan nears $250B transaction volume: Central bank governor
While the adoption and use cases of China’s e-CNY are expanding, the digital yuan still only represents 0.16% of China’s monetary supply. Go to Source Powered by WPeMatico
Monetary Authority Singapore
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JP Morgan executes first DeFi trade on public blockchain
The MAS Chief Fintech Officer said the successful test was “a big step towards enabling more efficient and integrated global financial networks.” Go to Source Powered by WPeMatico
Singapore to Extend Regulatory Mandate Regarding Cryptocurrencies
The Deputy Prime Minister of Singapore has sought to clarify the nation’s stance on cryptocurrencies with regards to its money laundering laws. Speaking earlier this week, Mr. Tharman Shanmugaratnam emphasized that Singapore’s financial regulator will not distinguish between cryptocurrencies and fiat currencies. Also Read: Singapore to Extend Regulatory Mandate Regarding Cryptocurrencies Singapore’s Deputy Prime Minister Updates … Read more
