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Stock Markets · SingaporeThe asset managers will initially manage S$1.1 billion (US$856 million), and MAS is still reviewing submissions from more than 100 global, regional and local firms.See the Story
MAS Appoints Three Asset Managers to Invest Part of S$5 Billion Fund to Support Singapore Stock Market
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InnovationStablecoins are an "opportunity, not a threat," for international money transfer company Western Union, according to CEO Devin McGranahan.McGranahan said in an interview with Bloomberg on Monday that anything allowing users to send money faster and cheaper across borders is going to be good for Western Union and its customers.Stablecoins are crypto tokens pegged to the value of a traditional financial asset, such as a fiat currency, with the U.S…See the Story
Western Union CEO Views Stablecoins as an Opportunity, Not a Threat: Bloomberg
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