The Monetary Authority of Singapore announced a new framework that seeks to ensure value stability for stablecoins regulated in Singapore.
On 15 August 2023, the Monetary Authority of Singapore (MAS), Singapore’s primary...more
MAS has published new requirements for DPT service providers and a consultation paper on additional regulations and prohibitions against unfair trading practices.
On 3 July 2023, the Monetary Authority of Singapore...more
7/21/2023
/ Blockchain ,
Consultation ,
Custody ,
Financial Institutions ,
Financial Services Industry ,
Monetary Authority of Singapore ,
Payment Systems ,
Payment Tokens ,
Singapore ,
Token Sales ,
Trusts
The guidelines set out the MAS’ expectation that digital payment token service providers should not promote their services to the general public in Singapore.
On 17 January 2022, the Monetary Authority of Singapore (the...more
The proposal would require financial institutions to use certain categories of information for non-face-to-face verification before undertaking transactions or requests.
In November 2020, the Monetary Authority of...more