Singapore and German Central Banks Collaborate on Cross-Border Digital Asset Settlements

Singapore, Germany Central Banks Sign MoU on Cross-Border Tokenised Asset Settlement

The Monetary Authority of Singapore (MAS) and Deutsche Bundesbank have signed a memorandum of understanding to collaborate on cross-border digital asset settlement, aiming to reduce costs and processing times for international transactions between the two countries, according to an announcement Wednesday.The agreement commits both central banks to fostering development of new settlement solutions for cross-border transfers and promoting common s…

MAS and Deutsche Bundesbank Sign MoU on Tokenisation and Cross-Border Settlement

The Monetary Authority of Singapore (MAS) and the Deutsche Bundesbank today signed a Memorandum of Understanding (MoU) regarding collaboration on cross-border digital asset settlement. This cooperation has the potential to enhance international financial transactions, including those between Singapore and Germany. Under the MoU,MAS and the Deutsche Bundesbank agree to collaborate on technological and financial innovation by:

MAS and Deutsche Bundesbank sign MoU on tokenisation and cross-border settlement

The Monetary Authority of Singapore (MAS) and the Deutsche Bundesbank today signed a Memorandum of Understanding (MoU) regarding collaboration on cross-border digital asset settlement. This cooperation has the potential to enhance international financial transactions, including those between Singapore and Germany. Under the MoU, MAS and the Deutsche Bundesbank agree to collaborate on technological and financial innovation by: • fostering the dev…

Singapore and German central banks collaborate on cross-border digital asset settlements

Singapore and Germany’s central bank have agreed on a collaboration involving cross-border digital asset settlements between the two countries. According to the press release, Monetary Authority of Singapore  and the Deutsche Bundesbank agree to join forces on cross-border digital asset…

Singapore and Germany Regulators Team Up on Tokenised Cross-Border Settlement

Singapore and Germany have agreed to work on tokenised cross-border settlement under a new MoU between the Monetary Authority of Singapore (MAS) and the Deutsche Bundesbank. The cooperation aims to improve international financial transactions, including flows between both countries. The agreement covers joint development of settlement solutions that can reduce the cost and processing time of cross-border transfers. The two central banks will als…

IA-IMAS report on tokenised asset markets in the UK and Singapore

On 12 November 2025, the Investment Association and the Investment Management Association of Singapore issued a joint report examining the challenges and opportunities in tokenised asset markets across both jurisdictions. It also provides an operational readiness checklist for market participants looking to design and launch tokenised financial products. The report was developed in collaboration with the Financial Conduct Authority and the Monet…