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Singapore

Singapore MAS mulls more restrictions on digital assets trading platforms
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8 July, 2022

Singapore MAS mulls more restrictions on digital assets trading platforms

The Minister in charge of MAS noted that the new restrictions include limiting retail participation in digital assets trading and...
Singapore vows to be ‘unrelentingly hard’ on bad behavior in digital assets market
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29 June, 2022

Singapore vows to be ‘unrelentingly hard’ on bad behavior in digital assets market

Sopnendu Mohanty also said that the MAS would enforce a "painfully slow" and "extremely draconian due diligence process" for digital...
Singapore collaborates with finance industry to explore digital currency use cases
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5 June, 2022

Singapore collaborates with finance industry to explore digital currency use cases

The project will develop and pilot use cases focused on four main areas: open, interoperable networks, trust anchors, asset tokenization,...
Singapore scales digital currency regulations as MAS gets additional power
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14 April, 2022

Singapore scales digital currency regulations as MAS gets additional power

Digital asset firms registered in Singapore but operating outside the country will now be under the jurisdiction of the Monetary...
Singapore won’t regulate ‘speculative and risky’ NFTs
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22 February, 2022

Singapore won’t regulate ‘speculative and risky’ NFTs

Singapore’s central bank says that the sector is still nascent and rather than regulating it in its current form, it...
Digital currency ATMs in Singapore start shutting down after regulatory crackdown
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24 January, 2022

Digital currency ATMs in Singapore start shutting down after regulatory crackdown

The Monetary Authority of Singapore recently clamped down on avenues that led investors to get into digital assets on impulse,...
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