Monetary Authority of Singapore

1MetaWorld and EQBR launch Strategic Joint Venture to Accelerate Web3 Adoption

Retrieved on: 
Wednesday, September 6, 2023
Money, Human, ACX, Web 2.0, Monetary Authority of Singapore, JV, Investment, Project Guardian, Ah Long Pte Ltd, CFO, RHT, Cryptocurrency

- The JV brings the strengths of proprietary technology, proven track record in investments into technology and strong capabilities set to help businesses accelerate their transition from Web 2.0 to Web 3.0 seamlessly

Key Points: 
  • - The JV brings the strengths of proprietary technology, proven track record in investments into technology and strong capabilities set to help businesses accelerate their transition from Web 2.0 to Web 3.0 seamlessly
    SINGAPORE, Sept 6, 2023 - (ACN Newswire) - 1MetaWorld (1MW), a member of ONERHT, and EQBR, a leading Korean Web3 technology firm, have launched a strategic Joint Venture (JV) to accelerate the regional adoption of Web3 with Singapore as the epicenter.
  • Witnessing the signing ceremony were Mr. Lee Jung Geun (back, L), Chairman of EQBR Group and Mr. Tan Chong Huat, Chairman of RHT AlDigi Financial Holdings.
  • Signing the agreement were Mr. Cheong Seongkoo (front, L), CEO of EQBR Networks Pte.
  • Ltd. and Mr. Lee Seck Hwee, CFO of 1Metaworld Pte.

Abaxx Submits Nickel Futures Contract Specifications for Inclusion as a Flagship Abaxx Exchange and Clearing Product

Retrieved on: 
Thursday, August 17, 2023
Money, RMO, EV, Metal, Risk management, ACH, MAS, Monetary Authority of Singapore, Stainless steel, Investment, Nickel, Podcast, Sulfation, News, Roskill, NEO, Medical device, Iron ore, Clearing house

TORONTO, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc., (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of the Abaxx Commodity Exchange and Clearinghouse (“Abaxx Singapore”), and producer of the SmarterMarkets™ Podcast, announces that Abaxx Singapore Pte. Ltd.’s subsidiary, Abaxx Exchange Pte. Ltd., has submitted a Notification of Impending Listing of Futures Contracts to the Monetary Authority of Singapore (MAS).

Key Points: 
  • Ltd., has submitted a Notification of Impending Listing of Futures Contracts to the Monetary Authority of Singapore (MAS).
  • Ltd submitted innovative nickel sulphate futures contract specifications, which are subject to regulatory review and final approval.
  • The initial Nickel Sulphate futures contract will include a new approach to the legacy warehouse structure of current base metals contracts.
  • Abaxx’s nickel sulphate futures contract is the result of collaboration with 21 firms, including a broad spectrum of industry market participants.

Abaxx Provides Corporate Update and Quarterly Development Activities

Retrieved on: 
Wednesday, August 16, 2023
Carbon, RMO, Treasury, Senior, VCU Brandcenter, Privacy, System Center Operations Manager, APPEC, Investment Exchanges and Clearing Houses Act 2006, Risk, Micro ISV, News, Electron capture, Tokyo International Conference on African Development, Citigroup, ID, Exhibition, Paris, Standby Equity Distribution Agreement, Conference, Abstract, Engineering, Lanko International Conference & Exhibition Tower D, Pitch-based carbon fiber, ATM, SDK, NEO, Money, Partnership, Q&A, Article Six, AHC, Chief commercial officer, EST, Exchange, ACH, MAS, Monetary Authority of Singapore, Sale, Trust, Indian stock exchange, Podcast, AI, Cryptocurrency, Marketing, Bank, Video game, Music, Financial adviser, Sales, Security (finance), Clearing house, LNG

TORONTO, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of the Abaxx Commodity Exchange and Clearinghouse (“Abaxx Singapore”), and producer of the SmarterMarkets™ Podcast, summarizes development activities over the past quarter and the general progress of the Company’s business plans.

Key Points: 
  • Exchange Product Development: Abaxx Singapore is finalizing Stage 3 of its nickel-related product development — focused on industry, risk, and regulatory considerations.
  • Abaxx Group Development Company Base Carbon Delivers First Revenues to Abaxx Technologies: In Q2-2023, Abaxx achieved an important corporate milestone by recognizing first revenues on the Company’s 2.5% gross revenue royalty on Base Carbon sales, the first group revenue from an organic development project within Abaxx.
  • The Company plans to host a quarterly business update investor presentation, to provide a business update and respond to investor questions.
  • The Company invites current and prospective shareholders to attend this quarterly business update and Q&A session with the Abaxx executive team.

Payoneer Singapore Secures Major Payment Institution License to Empower SMEs

Retrieved on: 
Tuesday, August 15, 2023
Professional Services, Payments, Technology, Small Business, Fintech, Electronic Commerce, Money, Risk management, SVP, Acquisition, MAS, Monetary Authority of Singapore, SME, Payoneer, Bank

Payoneer Singapore Private Limited (Payoneer Singapore, a subsidiary of Payoneer Global Inc. (NASDAQ: PAYO)), the financial technology company empowering the world’s small and medium-sized enterprises (SMEs) to transact, do business, and grow globally, has been granted a Major Payment Institution License from the Monetary Authority of Singapore (MAS).

Key Points: 
  • Payoneer Singapore Private Limited (Payoneer Singapore, a subsidiary of Payoneer Global Inc. (NASDAQ: PAYO)), the financial technology company empowering the world’s small and medium-sized enterprises (SMEs) to transact, do business, and grow globally, has been granted a Major Payment Institution License from the Monetary Authority of Singapore (MAS).
  • The license will enable Payoneer Singapore to enhance the breadth of its products and roll out several new services in Singapore, especially in the areas of account issuance, cross-border money transfer, domestic money transfer, e-money issuance, and merchant acquisition.
  • Payoneer Singapore’s successful license approval followed a rigorous application and review process, demonstrating the company’s compliance with regulations and standards set out by the MAS.
  • With the new license, Payoneer Singapore can accelerate its expansion in Singapore by onboarding new partners as businesses are permitted to engage in higher-value transactions.

Kazakhstan-Singapore Business Forum: ONERHT leads investment in Kazakhstan gold mining company

Retrieved on: 
Monday, May 22, 2023
LLP, Partnership, Monetary Authority of Singapore, MAS, MOG, Gold, MOU, Mining, Ecosystem, RHT, Uranium mining, Cryptocurrency, Management, Tutoring, Biryuk

- Investment to support the exploration, mining, extraction and refining of gold from Biryuk's mine in Kazakhstan with US$1B potential reserves

Key Points: 
  • - Investment to support the exploration, mining, extraction and refining of gold from Biryuk's mine in Kazakhstan with US$1B potential reserves
    Astana, Kazakhstan, May 22, 2023 - (ACN Newswire) - RHT AlDigi Financial Holdings Pte.
  • Ltd. (RHTAFH) and Biryuk Altyn LLP have signed a Memorandum of Understanding (MOU) to invest in and commercialise Biryuk's gold mine, with support from the ONERHT ecosystem.
  • [L-R]
    RHTAFH is a member of ONERHT, a Singapore-based multidisciplinary professional and specialist services group while Biryuk owns a 56sqkm gold mine, located 600km from Kazakhstan's capital, Astana.
  • The mine holds probable reserves of 50-100 tons of gold with a potential value of US$1 billion.

TerraPay receives In-Principle approval for an MPI License from the Monetary Authority of Singapore (MAS)

Retrieved on: 
Tuesday, August 8, 2023
Money, MPI, MAS, Monetary Authority of Singapore, Bank

SINGAPORE, Aug. 8, 2023 /PRNewswire/ -- TerraPay, a leading global payments infrastructure company, has secured an In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant step towards being a payments company with the most regulatory approvals.

Key Points: 
  • SINGAPORE, Aug. 8, 2023 /PRNewswire/ -- TerraPay, a leading global payments infrastructure company, has secured an In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant step towards being a payments company with the most regulatory approvals.
  • TerraPay, with regulatory approvals in 28 countries, facilitates fully compliant international money transfers, frictionless business pay-outs, and alternative payment methods.
  • Singapore has always been a strategic region for TerraPay as it derives almost 50% of its revenues from Asia.
  • Obtaining the approval in Singapore is a game-changer, solidifying our position as a leading cross-border payments powerhouse in one of the most significant financial markets globally.

TerraPay receives In-Principle approval for an MPI License from the Monetary Authority of Singapore (MAS)

Retrieved on: 
Tuesday, August 8, 2023
Money, MPI, MAS, Monetary Authority of Singapore, Bank

SINGAPORE, Aug. 8, 2023 /PRNewswire/ -- TerraPay, a leading global payments infrastructure company, has secured an In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant step towards being a payments company with the most regulatory approvals.

Key Points: 
  • SINGAPORE, Aug. 8, 2023 /PRNewswire/ -- TerraPay, a leading global payments infrastructure company, has secured an In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant step towards being a payments company with the most regulatory approvals.
  • TerraPay, with regulatory approvals in 28 countries, facilitates fully compliant international money transfers, frictionless business pay-outs, and alternative payment methods.
  • Singapore has always been a strategic region for TerraPay as it derives almost 50% of its revenues from Asia.
  • Obtaining the approval in Singapore is a game-changer, solidifying our position as a leading cross-border payments powerhouse in one of the most significant financial markets globally.

Blockchain.com Receives Major Payment Institution License from Monetary Authority of Singapore

Retrieved on: 
Tuesday, August 8, 2023
Blockchain.com, Money, MPI, MAS, Monetary Authority of Singapore, CO, DPT, Conference, Cryptocurrency

LONDON, Aug. 7, 2023 /PRNewswire/ -- Blockchain.com , one of the world's most trusted and earliest crypto platforms, announced today that it has been granted a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS) on 1st of August 2023.

Key Points: 
  • LONDON, Aug. 7, 2023 /PRNewswire/ -- Blockchain.com , one of the world's most trusted and earliest crypto platforms, announced today that it has been granted a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS) on 1st of August 2023.
  • This announcement follows Blockchain.com receiving its in-principle approval from MAS in Sep 2022, this license allows Blockchain.com to provide regulated digital payment token (DPT) services to its global institutional and accredited investor customers.
  • Blockchain.com's presence and registration in Singapore is part of its broader commitment to compliance and regulation in every jurisdiction where it conducts business.
  • Blockchain.com group CEO and Co-Founder Peter Smith will be a keynote speaker at Token2049 Conference in Singapore on September 13.

Optty partners with Triple-A to expand payment architectures into Cryptocurrencies

Retrieved on: 
Monday, July 31, 2023
Bitcoin, Ethereum, Tether, USD Coin, Money, ACPR, AAA, IVR, Platform as a service, Partnership, ETH, Digital wallet, USDC, BNPL, Monetary Authority of Singapore, Financial Crimes Enforcement Network, Debit and Credit, USDT, BTC, Credit, Cryptocurrency, Online shopping

SINGAPORE, July 31, 2023 /PRNewswire/ -- Optty, the world's first universal payments platform, today announced a new partnership with Triple-A, a licensed crypto payment gateway, to add cryptocurrency as a payment option on the platform. As the central hub connecting and streamlining a robust global network of Buy Now Pay Later (BNPL) providers, this milestone marks the launch of Optty's sixth payment architecture, further expanding viable payment options for merchants and convenience for their end customers.    

Key Points: 
  • Through the collaboration with Triple-A's white label crypto payment gateway, Optty enables retailers and merchants to offer a wide range of payment methods.
  • Triple-A's crypto payment gateway is compatible with all crypto wallets, allowing customers to make hassle-free payments using their preferred wallet.
  • Optty plans to further expand payment architectures to a total of nine by the end of 2023.
  • "We are excited to partner with Optty and bring crypto payments to their merchants," said Eric Barbier, CEO of Triple-A.

Optty partners with Triple-A to expand payment architectures into Cryptocurrencies

Retrieved on: 
Monday, July 31, 2023
Bitcoin, Ethereum, Tether, USD Coin, Money, ACPR, AAA, IVR, Platform as a service, Partnership, ETH, Digital wallet, USDC, BNPL, Monetary Authority of Singapore, Financial Crimes Enforcement Network, Debit and Credit, USDT, BTC, Credit, Cryptocurrency, Online shopping

SINGAPORE, July 30, 2023 /PRNewswire/ -- Optty, the world's first universal payments platform, today announced a new partnership with Triple-A, a licensed crypto payment gateway, to add cryptocurrency as a payment option on the platform. As the central hub connecting and streamlining a robust global network of Buy Now Pay Later (BNPL) providers, this milestone marks the launch of Optty's sixth payment architecture, further expanding viable payment options for merchants and convenience for their end customers.    

Key Points: 
  • Through the collaboration with Triple-A's white label crypto payment gateway, Optty enables retailers and merchants to offer a wide range of payment methods.
  • Triple-A's crypto payment gateway is compatible with all crypto wallets, allowing customers to make hassle-free payments using their preferred wallet.
  • Optty plans to further expand payment architectures to a total of nine by the end of 2023.
  • "We are excited to partner with Optty and bring crypto payments to their merchants," said Eric Barbier, CEO of Triple-A.