Singapore

Fintech / Regtech

Cambodia and Singapore Launch Cross-Border QR Payments

By Nithya Subramanian | 17/11/2025

Cambodian travellers can now make real-time QR payments in Singapore using Khmer Riel via their Bakong-linked local banking apps.

Fintech / Regtech

MAS, Bundesbank Partner on Cross-Border Digital Settlement

By Nithya Subramanian | 15/11/2025

The pact aims to develop interoperable tokenised settlement solutions and streamline cross-border payments, FX and securities flows between Singapore and Germany.

Fintech / Regtech

Fed Governor in Singapore to Warn of AI Systemic Risk and Market Manipulation

By Manesh Samtani | 15/11/2025

Michael Barr has warned financial firms about AI risks like market manipulation and systemic instability, urging careful management.

Enforcement

Singapore Police Arrests Ex-Wirecard Asia Director for Germany

By Nithya Subramanian | 14/11/2025

The arrest was part of coordinated raids across multiple countries targeting a fraud ring that caused more than EUR 300 million in losses through unauthorised credit card transactions.

Crypto / Digital Assets

MAS to Launch SGD Testnet for Live Tokenised Settlement Trials

By Nithya Subramanian | 14/11/2025

MAS will launch a Singapore Dollar Testnet for tokenised settlements and expand cross-border projects under Project Guardian and BLOOM to advance interoperable digital finance.

Crypto / Digital Assets

MAS Completes First Live wCBDC Settlement on SGD Testnet

By Nithya Subramanian | 14/11/2025

The trial shows banks can settle interbank overnight lending using wholesale CBDC on the new SGD Testnet, paving the way for future issuance of tokenised MAS Bills.

Fintech / Regtech

UK, Singapore, Thailand to Jointly Test Synchronised FX Settlement

By Nithya Subramanian | 14/11/2025

The three central banks will trial atomic, real-time FX settlement using interoperable RTGS and DLT systems, aiming to strengthen cross-border payments infrastructure.

Crypto / Digital Assets

MAS to Trial Tokenised Bills, Expand AI Initiatives

By Nithya Subramanian | 14/11/2025

MAS announced trials for tokenised MAS Bills settled in wholesale CBDC, finalised rules for stablecoins, and new AI governance initiatives.

Fintech / Regtech

MAS Consults on New AI Risk Management Guidelines for FIs

By Nithya Subramanian | 14/11/2025

MAS proposes that FIs must maintain full AI inventories, conduct risk-materiality assessments and implement robust data, testing and monitoring controls across the AI life cycle.