Monetary Authority of Singapore

Circle Singapore Obtained Major Payment Institution (MPI) License

Retrieved on:

Wednesday, June 7, 2023

Money, Blockchain, Circle (company), Internet, USDC, MPI, Tribe, MAS, Monetary Authority of Singapore, Growth, Entrepreneurship, Policy, Cryptocurrency, Circle

Ltd. (Circle Singapore), an affiliate of Circle Internet Financial, LLC (Circle), has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

Key Points:

Ltd. (Circle Singapore), an affiliate of Circle Internet Financial, LLC (Circle), has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
The license allows Circle Singapore to offer digital payment token services, alongside cross-border money transfer services and domestic money transfer services in the city-state via its various products and services, including the Circle Account, which allows institutional customers access to USDC.
Circle Singapore's receipt of the MPI license from MAS underscores Circle's strong reputation as a responsible digital financial technology company.
In November 2022, Circle Singapore received In-Principle Approval as a Major Payment Institution License holder from MAS and Circle identified Singapore as its principal hub in Asia to service its growing business in the region.

Cboe Launches New Global Listing Offering for Companies and ETFs of the Purpose-Driven Innovation Economy

Retrieved on:

Friday, June 2, 2023

Clearing house, Money, Communication, ETF, Cboe Global Markets, NEO Exchange, Billy, Risk management, Exchange, Monetary Authority of Singapore, Innovation, Climate change, Growth, SVP, NEO, CBOE, Cryptocurrency, Security (finance)

"Cboe has built an expansive, global equities footprint unrivalled in the industry that uniquely positions us to deliver the first-ever truly global listing experience for issuers seeking to tap new markets beyond their home region," said Dave Howson, Global President of Cboe Global Markets.

Key Points:

"Cboe has built an expansive, global equities footprint unrivalled in the industry that uniquely positions us to deliver the first-ever truly global listing experience for issuers seeking to tap new markets beyond their home region," said Dave Howson, Global President of Cboe Global Markets.
Abaxx Technologies to Become First Intralisted Company on Cboe Global Listings (NEO: ABXX)
Along with today's launch, Cboe Global Listings also prepares to welcome Abaxx Technologies, Inc. ("Abaxx"), an archetype of the purpose-driven Innovation Economy, as the first intralisted issuer3 on its global platform.
Abaxx has received conditional approval to be intralisted on Cboe U.S., in addition to its current listing on Cboe Canada.
For more information or for inquiries regarding listing on Cboe Global Markets' stock exchanges, visit www.cboe.com/listings/global/ or contact [email protected].

Cboe Launches New Global Listing Offering for Companies and ETFs of the Purpose-Driven Innovation Economy

Retrieved on:

Friday, June 2, 2023

"Cboe has built an expansive, global equities footprint unrivalled in the industry that uniquely positions us to deliver the first-ever truly global listing experience for issuers seeking to tap new markets beyond their home region," said Dave Howson, Global President of Cboe Global Markets.

Key Points:

"Cboe has built an expansive, global equities footprint unrivalled in the industry that uniquely positions us to deliver the first-ever truly global listing experience for issuers seeking to tap new markets beyond their home region," said Dave Howson, Global President of Cboe Global Markets.
Abaxx Technologies to Become First Intralisted Company on Cboe Global Listings (NEO: ABXX)
Along with today's launch, Cboe Global Listings also prepares to welcome Abaxx Technologies, Inc. ("Abaxx"), an archetype of the purpose-driven Innovation Economy, as the first intralisted issuer3 on its global platform.
Abaxx has received conditional approval to be intralisted on Cboe U.S., in addition to its current listing on Cboe Canada.
For more information or for inquiries regarding listing on Cboe Global Markets' stock exchanges, visit www.cboe.com/listings/global/ or contact [email protected].

Abaxx Technologies Receives Conditional Approval to List on Cboe US Stock Exchange

Retrieved on:

Friday, June 2, 2023

Clearing house, Money, Fintech, Chicago, NEO Exchange, Risk management, Monetary Authority of Singapore, Tier 1 network, Indian stock exchange, OTCQX, Podcast, Growth, News, NEO, Cryptocurrency, EU

TORONTO, June 02, 2023 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXD) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of the Abaxx Commodity Exchange (Abaxx Singapore Pte Ltd), and producer of the SmarterMarkets™ Podcast, is pleased to announce that it has received conditional approval to list the Company’s common shares (the “Common Shares”) on Tier 1 of the Cboe US Equities Exchange (the “Cboe US Exchange”), an innovative US securities exchange within the Cboe Global Listings Network. Abaxx will retain its listing on the Cboe Canada Exchange (formerly the NEO Exchange).

Key Points:

Abaxx will retain its listing on the Cboe Canada Exchange (formerly the NEO Exchange).
Trading of the Common Shares on the Cboe US Exchange is expected to commence under the trading symbol “CBOE: ABXX”.
The Common Shares are also expected to trade on the Cboe UK and Cboe EU exchanges under the ticker “36ND”.
“Cboe’s dedication to technology-driven innovation and progress is aligned with Abaxx’s mission to advance Smarter Markets,” said Abaxx Exchange CEO Nancy Seah.

Capital Square Partners and Basil Technology Partners announce completion of merger to create one of the largest cross-border, technology services fund manager in Asia

Retrieved on:

Thursday, June 1, 2023

BTP, Money, Software as a service, SDG, Partnership, CMS, Monetary Authority of Singapore, AI, CSP, Movat's stain

SINGAPORE, June 01, 2023 (GLOBE NEWSWIRE) -- Capital Square Partners (“CSP”) and Basil Technology Partners (“BTP”) today announced that they have completed the merger of the two teams and would henceforth operate as CSP.

Key Points:

SINGAPORE, June 01, 2023 (GLOBE NEWSWIRE) -- Capital Square Partners (“CSP”) and Basil Technology Partners (“BTP”) today announced that they have completed the merger of the two teams and would henceforth operate as CSP.
With this merger, CSP aims to consolidate its position as one of the largest cross-border, technology services dedicated private equity fund manager in Asia and will continue to augment its combined execution capability.
“Following the successful closing of CSP Fund II, c.US$ 700 million fund, announced in January through a partnership between CSP and BTP, the teams had been working very closely over the past few months.
To ensure a seamless, streamlined and efficient execution of our investment thesis, both teams felt it would be better to merge and operate as one team.

Crypto.com Obtains Major Payment Institution Licence from Monetary Authority of Singapore

Retrieved on:

Thursday, June 1, 2023

SINGAPORE, June 1, 2023 /PRNewswire/ -- Crypto.com announced today that it has received its Major Payment Institution (MPI) licence for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS). This announcement follows Crypto.com receiving its in-principle approval from MAS in June 2022. With this licence, Crypto.com can continue to extend its Digital Payment Token (DPT) services to customers in Singapore.

Key Points:

SINGAPORE, June 1, 2023 /PRNewswire/ -- Crypto.com announced today that it has received its Major Payment Institution (MPI) licence for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS).
With this licence, Crypto.com can continue to extend its Digital Payment Token (DPT) services to customers in Singapore.
"The Monetary Authority of Singapore is recognized globally as a regulator that ensures responsible innovation of the digital assets sector," said Kris Marszalek, CEO of Crypto.com.
"The Major Payment Institution licence underscores our ongoing commitment to build with the Web3 community in Singapore."

Crypto.com Obtains Major Payment Institution Licence from Monetary Authority of Singapore

Retrieved on:

Thursday, June 1, 2023

SINGAPORE, June 1, 2023 /PRNewswire/ -- Crypto.com announced today that it has received its Major Payment Institution (MPI) licence for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS). This announcement follows Crypto.com receiving its in-principle approval from MAS in June 2022. With this licence, Crypto.com can continue to extend its Digital Payment Token (DPT) services to customers in Singapore.

Key Points:

SINGAPORE, June 1, 2023 /PRNewswire/ -- Crypto.com announced today that it has received its Major Payment Institution (MPI) licence for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS).
With this licence, Crypto.com can continue to extend its Digital Payment Token (DPT) services to customers in Singapore.
"The Monetary Authority of Singapore is recognized globally as a regulator that ensures responsible innovation of the digital assets sector," said Kris Marszalek, CEO of Crypto.com.
"The Major Payment Institution licence underscores our ongoing commitment to build with the Web3 community in Singapore."

UP Fintech posts solid 2023 Q1 results as global expansion scales up

Retrieved on:

Tuesday, May 30, 2023

Thanks to a scalable global expansion strategy and an unwavering commitment to fintech innovation, the company's revenue stood at US$66.33 million during the period, up 26.0% year-over-year (YoY).

Key Points:

Thanks to a scalable global expansion strategy and an unwavering commitment to fintech innovation, the company's revenue stood at US$66.33 million during the period, up 26.0% year-over-year (YoY).
During the first quarter, 52,534 new customer accounts were added, up 39.8% QoQ, pushing the global total to 2.06 million.
"In our global expansion journey, we tread steadily during the past quarter.
In the first quarter, the company's wealth management business continued its growth in tandem with the widened global expansion.

Correction to Abaxx’s Corporate Update and Quarterly Development Activities

Retrieved on:

Tuesday, May 16, 2023

Completed commercial onboarding of first clearinghouse settlement bank; signed collateral management services agreement with South East Asia’s largest bank by assets.

Key Points:

Completed commercial onboarding of first clearinghouse settlement bank; signed collateral management services agreement with South East Asia’s largest bank by assets.
Completed all key executive and senior management level hiring in Abaxx Singapore, and appointed remaining governance board members as announced on April 26, 2023.
Continued progress on the strategic partner financing process for a non-brokered equity financing at Abaxx Singapore Pte.
Integration into Verifier, Sign, and Drive is underway, as is the development of a new product, Issuer, designed to facilitate enterprise-client integrations.

Crypto Expo Asia Announces Latest Headline Speakers and Partners: Coinhako, EMURGO, Matrixport, and More

Retrieved on:

Tuesday, May 16, 2023

Crypto, Money, Blockchain, Private sector, Software as a service, Partnership, Monetary Authority of Singapore, Marketing, Community business development corporation, Interest, Non-fungible token, Headquarters, Artificial intelligence, Entrepreneurship, Cryptocurrency, Metaverse, Cardano

Singapore, May 16, 2023 (GLOBE NEWSWIRE) -- Crypto Expo Asia , one of the region’s leading crypto conferences and exhibitions, today announced several new headline speakers and a partnership with ACCESS Blockchain Association Malaysia as the event bolsters its collaboration with leading industry groups across the region.

Key Points:

Singapore, May 16, 2023 (GLOBE NEWSWIRE) -- Crypto Expo Asia , one of the region’s leading crypto conferences and exhibitions, today announced several new headline speakers and a partnership with ACCESS Blockchain Association Malaysia as the event bolsters its collaboration with leading industry groups across the region.
Michael Xuan, Director of Crypto Expo Asia, said “Institutional interest in blockchain and Web3 technology remains at a high despite fears of a prolonged crypto winter.
President of ACCESS Blockchain Association Malaysia, Harpreet Singh, said, “ACCESS Malaysia is excited to contribute to the discussions around how crypto assets will reimagine the financial ecosystem.
Interested parties should contact: [email protected]
Interested sponsors, partners, and speakers at Crypto Expo Asia are encouraged to visit the website for more information: https://cryptoexpoasia.com/ .