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The Latest Breaking News from Mas

Singapore’s Central Bank Sets New Requirements For Digital Payment Token Service Providers

Monetary Authority of Singapore aims to safeguard customer assets and enhance market integrity

Zenger

Swansea City players run ragged in pre-season tests as Michael Duff lays down tough fitness marker

New Swans manager Michael Duff has wasted no time in getting his side fit again after the summer break

Wales Online

Federal Reserve Bank Of New York Found New Distinctions In Cross-Border Payments In New Study

The New York Federal Reserve published results from a study on major railway digital payments going to other countries.

Zenger

From analysis to the latest developments in health,
read the most diverse news in one place.

Longevity: The Retirement Problem No One Is Discussing

Many people saving for retirement fail to take into account how living longer will affect how much they’ll need once they stop working. What should they do?

Kiplinger

China, Singapore to Collaborate More Closely on Financial Regulation, Market Opening

CBIRC and MAS will partner up to develop global and regional rules and modernize their own regulatory systems

Caixin Global

Singapore wealth group denies report of directive to keep quiet on China-linked fund inflows

A private banking industry group in Singapore on Friday denied a media report that the city state had asked global banks to keep quiet on wealth inflows coming from China over the past year due to political sensitivity.

Reuters

Japan, Singapore and Hong Kong downplay Credit Suisse fallout

Asian financial authorities say Swiss lender’s takeover not likely to affect stability of local banks.

Al Jazeera

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Bolivia’s dream of a lithium future plays out on high-altitude salt flats

The government eyes an economic bonanza in a mineral vital to electric batteries but critics ask if plan is viable and at what environmental cost

The Guardian - US

Bolivia's farm hub battles political capital over cattle and grains

Javier Monasterio, a rancher in Bolivia's lowland area of Santa Cruz, is feeling the economic hit of weeks-long protests and blockades since the dramatic arrest of the region's governor that has snarled domestic transport of grains and meat.

Reuters

Singapore sentences stock market manipulator to 36 years in jail

Singapore’s High Court has sentenced the masterminds behind the country’s largest stock market manipulation to decades in jail, according to a joint statement on Wednesday from the Attorney-General’s Chambers, Singapore Police Force and Monetary Authority of Singapore.

Bangkok Post

SEC readies stricter rules for digital assets

The Thai Securities and Exchange Commission (SEC) is preparing to impose more stringent regulations on digital assets to mirror the global market, with the aim of increasing investor protection.

Bangkok Post

‘Betrayed’: FTX meltdown signals end to crypto’s ‘Wild West’ days

Cryptocurrency exchange’s spectacular collapse spurs government scrutiny and calls for greater regulation.

Al Jazeera

Want To Trade Bitcoin, Ethereum And Dogecoin? You Might Have To Take A Test To Trade In This Country

Singapore may soon require retail investors to pass an assessment and refrain from using leverage or credit while trading in cryptocurrencies.

Benzinga

Singapore mulls making it harder for people to trade crypto

The Monetary Authority of Singapore (MAS) is considering restricting retail investors’ use of leverage and credit facilities to trade cryptocurrencies as it joins global regulators in forging rules to govern digital assets.

Bangkok Post

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Bangkok Post

Tightening risks loom as Singapore July core inflation hits 13-year high

SINGAPORE: Singapore's key consumer price gauge in July rose again at its fastest pace in more than 13 years, official data showed on Tuesday, mounting pressure on the central bank to consider another policy tightening move later this year.

Bangkok Post

Singapore regulator reiterates crypto dangers amid Hodlnaut woes

Cryptocurrency investment is “highly hazardous” but meltdowns in the sector have not created financial-stability risks for Singapore, regulators in the city-state said after another digital-asset firm ran into trouble.

Benzinga

Amid Staffing Woes - Financial Institutions Must Automate To Innovate

More than 47 million workers quit their jobs last year amid the Great Resignation, many seeking out roles that align with newfound employee expectations. The ongoing labor crisis is hitting financial institutions particularly hard – 4 out of 5 financial institutions are worried about staffing shortages, according to the Financial…

The Guardian - UK

Bolivia’s Morales keeps up comeback hopes as Copa Evo kicks off

Some see youth football tournament as former president’s latest attempt to keep his name in frame for 2025 vote

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Benzinga

Singapore's Central Bank To Tighten Laws For Crypto Players: What You Need To Know

Amid heightened volatility in the cryptocurrency market, the Monetary Authority of Singapore (MAS) said it will tighten laws for crypto players in the country in the coming months and take firm enforcement action if any entity is found to be conducting illegal activities.

Reuters

Singapore growth to moderate further next year, global inflation expected to ease

Singapore's economic growth is expected to moderate further next year, tracking a slowdown in its major trading partners, while global inflation is expected to ease in 2023, the head of the city-state's central bank said on Tuesday.

Bangkok Post

Singapore plans further strengthening of crypto regulations

Singapore intends to broaden the scope of cryptocurrency regulations and pushed back against claims that some recently collapsed digital-asset outfits were regulated in the city state.

The Guardian - UK

I took the train to Antwerp, Belgium – here’s my guide to the city

In the final leg of our odyssey to celebrate 50 years of Interrail, we explore a city that’s seriously hip, but also caters for those who are just beer-curious

Benzinga

Singapore Considering Additional Safeguards On Cryptos: 'Not Suitable For The Retail Public'

The Monetary Authority of Singapore (MAS) is considering the introduction of additional consumer protection safeguards on cryptocurrencies, the country’s Minister in charge of MAS Tharman Shanmugaratnam said.

The Independent UK

Remains of fabled 17th century shipwreck found on Oregon coast

Marine archaeologists say recovery of timber after 300 years is ‘crazy’

The Independent UK

Former Bolivian president sentenced to 10 years in prison

Former Bolivian interim President Jeanine Áñez has been sentenced to 10 years in prison on charges linked to her assumption of office in 2019 amid violent protests that led to the resignation and exile of her predecessor, Evo Morales

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