Tag: US

MAS Monetary Authority of Singapore
May 29, 2019 BY Valentina Kirilova

US adds Singapore to its monitoring list, MAS responds: "We do not manipulate our currency for export advantage"

The Trump administration removed India and Switzerland from its currency monitoring list of major trading partners on Tuesday. The monitoring list, among others, include China, Japan, South Korea, Germany, Italy, Ireland, Singapore, Malaysia and Vietnam. The Monetary Authority of Singapore (MAS) responded today that it does not manipulate its currency for export advantage, and added…

Read more
Securities and Exchange Organization
February 06, 2019 BY Mariela Naydenova

PayMon - the gold-backed digital coin of Iranian banks

The idea that Iran is going to launch its very own stablecoin has been around for some time now. The country is undeniably working towards liberalizing its crypto space and embracing the technology of blockchain. Reportedly, Iranian banks have already launched their very own cryptocurrency, called PayMon. It is backed by gold. The four Iranian…

Read more