PayPal, the online payments giant, has a new cryptocurrency pegged to the value of a dollar in a bid to strengthen its foothold in the digital asset market. The new token, known as a stablecoin ...

JPMorgan Chase & Co. is in the early stages of exploring a blockchain-based digital deposit token for speeding up cross-border payments and settlement, according to a person familiar with the work.

such as digital payment token services, without being subject to transaction limits imposed on smaller entities. According to data from the MAS, BitGo is now one of 27 MPI-licensed firms alongside ...

OKX SG can offer digital payment token and cross-border money transfer services, which includes the buying and selling of crypto. Singapore has a reputation of being a world-leading crypto hub as ...

Circle Singapore has now received its Major Payment Institution (MPI) license for digital payment token services in Singapore, after having obtained in-principle approval last November.

to become a regulated Digital Payment Token (DPT) services provider, the company announced on Monday. A full license under the Payment Services Act (PSA) in Singapore allows DTC to offer domestic ...

especially concerning cross-border payments and remittances. Given these advantages, digital money has become a priority for several governments around the world. For example, the central bank of ...

GiveBackToken or #GBT is a digital asset of a distinctive global FOUNDATION whose members are committed to bridging social gaps & differences. Give Back Token (GBT) is a digital currency created ...

This means that even foreign retail customers who engage the services of locally regulated digital payment token service providers (DPTSPs) – such as cryptocurrency exchanges and trading firms – will ...

Singapore said digital payment token service providers, also known as virtual asset service providers, stand out as a high-risk category within the financial sector. Singapore’s updated Money ...