#Monetary Authority of Singapore
28 April 2022
“The licensing process is stringent,” Menon said. “And it needs to be because we want to be a responsible global crypto hub with innovative players, but also with strong risk management capabilities,” Ravi Menon, Monetary Authority of Singapore managing director, said at the Financial Times Crypto and Digital Asset Summit on Wednesday. The head of […]
6 April 2022
Singapore has moved to approve a legislation that will give the MAS (Monetary Authority of Singapore) expanded powers and introduce tighter regulation for the country’s crypto industry. According to the MAS, the Financial Services and Markets Bill will also require VASP (virtual asset providers) based in Singapore but are also operating overseas to be licensed […]
15 October 2021
Cryptocurrency speculators will do well to take note of the trend of regulators around the world slapping tougher measures on digital currencies. Regulators in Singapore, mainland China, Hong Kong and other jurisdictions have introduced measures to curb the risks associated with investing in such assets. This means the cryptocurrency market in Singapore, Hong Kong and […]
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