With a BAS tie-up, BNY Mellon enters Singapore's digital asset market

The Blockchain Association of Singapore (BAS) established a cooperation with BNY Mellon, an American banking giant, on Wednesday. According to the agreement, the latter will join BAS as a strategic collaborator.

The partnership between BAS and BNY comes amid a generally rigorous regulatory environment in Singapore and around the world, as well as an increased interest among institutional investors in digital assets. In August of last....