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DBS to Test Digital Currency With Instant Settlement in Singapore

DBS to Test Digital Currency With Instant Settlement in Singapore
tokenist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tokenist.com Daily Mail and Mail on Sunday newspapers.

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Crypto News Summary: Asian Banking Giant Joins Singapore s CBDC Effort, Hong Kong to Launch Crypto ETF, Argo Blockchain May Be Forced to Shut Down

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

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DBS Bank rolls out digital Singapore dollar pilot

Singapore's DBS is testing the use of a digital Singapore dollar via government vouchers, with 1,000 consumers and six merchants participating.

Shee tse koonDbs bankMonetary authority of singaporeProject orchidSoutheast asiaOpen government productsMonetary authoritySingapore country head

Singapore to trial use of digital Singdollar for government payouts and vouchers

4 projects will be undertaken this year to assess its use by individuals, businesses and the Govt. Read more at straitstimes.com.

Central provident fund boardGovernment technology agency open productsMonetary authority of singaporeMonetary authorityGovernment technology agencyOpen government productsFazz financialSingapore fintech festivalSkillsfuture singaporeSkillsfuture creditProject orchid

DBS goes live on SGX unit s crypto platform; launches programmable money pilot

DBS has become the first bank to go live on a new digital asset trading platform from Singapore Exchange unit MaxxTrader.

Jacky taiManish kediaMonetary authority of singaporeSingapore exchangeOpen government productsProject orchidMonetary authority

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