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In May 2022, the UST algorithmic stablecoin crashed, dragging its sister token LUNA and US$60 billion of combined market value down with it.

The Crash of UST and LUNA Digital Tokens Explained

Jun 6, 2022
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OrionW
In May 2022, the UST algorithmic stablecoin crashed, dragging its sister token LUNA and US$60 billion of combined market value down with it.
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New legislation introduced in Singapore's Parliament would now regulate virtual asset service providers (VASPs) that are based in Singapore but provide offshore services.

Singapore Proposes to Regulate Singapore-Based Providers of Offshore Virtual Asset Services

Feb 17, 2022
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OrionW
New legislation introduced in Singapore's Parliament would now regulate virtual asset service providers (VASPs) that are based in Singapore but provide offshore services.
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MAS issued guidelines banning the promotion of digital payment tokens (DPTs) to the general public in Singapore.

MAS Issues Guidelines on Providing and Promoting Digital Payment Token Services in Singapore

Jan 19, 2022
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OrionW
MAS issued guidelines banning the promotion of digital payment tokens (DPTs) to the general public in Singapore.
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The Monetary Authority of Singapore (MAS) offers a regulatory sandbox (the Sandbox) to encourage financial services providers to adopt innovative financial technology.

Applying to Join Singapore’s FinTech Regulatory Sandbox

Nov 11, 2021
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OrionW
The Monetary Authority of Singapore (MAS) offers a regulatory sandbox (the Sandbox) to encourage financial services providers to adopt innovative financial technology.
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The United Kingdom and Singapore announced a landmark financial services partnership (the "Financial Partnership") on 30 June 2021, at the 6th UK-Singapore Financial Dialogue.

Singapore and UK to Strengthen Financial Services Partnership

Jul 2, 2021
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OrionW
The United Kingdom and Singapore announced a landmark financial services partnership (the "Financial Partnership") on 30 June 2021, at the 6th UK-Singapore Financial Dialogue.
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The Monetary Authority of Singapore issued a circular advising financial institutions of the technology and cyber security risks associated with public cloud services.

MAS Issues Circular on Technology and Cyber Security Risks of Public Cloud Services

Jul 1, 2021
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OrionW
The Monetary Authority of Singapore issued a circular advising financial institutions of the technology and cyber security risks associated with public cloud services.
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