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OKX expands in Singapore with MPI licence and new CEO

OKX Singapore, the Singapore arm of OKX, has received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) and appointed...

Payoneer builds up Singapore profile with Skuad takeover

US-based global payments provider Payoneer has stepped up its activity in East Asia via an acquisition of Skuad, a workforce and payroll management company...

Bank of Ghana probes using CBDCs to overcome trade barriers

The Bank of Ghana (BoG) has finalised a proof-of-concept to explore using digital credentials for international trade and cross-border payments with central bank digital...

Deutsche Bank joins Singapore’s Project Guardian tokenization push

Deutsche Bank has joined Project Guardian, the Monetary Authority of Singapore’s (MAS) asset tokenisation testing initiative. The German multinational bank will test an open architecture...

Currencycloud gains Singapore licence clearance to integrate “robust financial services”

Multi-currency financial service Currencycloud has announced it has obtained an In-Principle approval to become a Major Payment Institution licence holder in Singapore.  Granted by the...

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