Catenaa, Tuesday, December 31, 2024 – The Further Upgrade Protocol of the China-Singapore Free Trade Agreement (CSFTA) officially came into effect today, December 31, 2024, marking a milestone in deepening economic ties between the two countries.  China’s Ministry of Commerce announced that the agreement aligns with high-standard international trade rules and significantly opens service trade […]

Catenaa, Friday, March 07, 2025-Digital asset custodian Hex Trust has received a Major Payment Institution (MPI) license from Singapore’s Monetary Authority (MAS), allowing the firm to offer regulated digital payment token services and cross-border money transfers.  The full license, granted on March 1, 2025, follows the company’s initial approval in July 2024. Hex Trust sees […]

Catenaa, December 26, 2024 – Singapore and Hong Kong have emerged as key players in cryptocurrency regulation in 2024, implementing frameworks for exchanges, stablecoins, and asset tokenization.  Singapore strengthened its oversight in April, introducing stricter rules for crypto custodial services and tokenized payments. The Monetary Authority of Singapore’s Project Guardian has completed over 15 industry […]

Catenaa, Friday, February 28, 2028-Metro, a leading department store chain in Singapore, has partnered with Dtcpay to integrate stablecoin payments, allowing customers to transact using USDT, USDC, and WUSD. The retailer plans to add FDUSD soon, marking a significant step in the adoption of blockchain-based payments in mainstream retail. Metro’s COO, Erwin Wuysang-Oei, stated the […]

SINGAPORE, Tuesday, April 9, 2024- Singapore’s Monetary Authority of Singapore (MAS), has implemented licensing requirements for companies offering crypto custodial services. The regulations, passed by parliament in 2021 but activated on April 4, 2024, aim to bring greater transparency and consumer protection to the burgeoning crypto sector. Under the new rules, firms holding clients’ digital […]