Spot Bitcoin ETF was officially launched in the United States recently, attracting great attention from the market. The Monetary Authority of Singapore does not allow such financial products to be listed in Singapore and for retail investors because cryptocurrencies such as Bitcoin are not listed as eligible assets for ETFs.
JinseFinanceMAS in Singapore has added imToken and BKEX to its Investor Alert List, intensifying its regulatory oversight on cryptocurrencies after actions against Binance in 2021. This move underscores MAS's commitment to investor protection and signals ongoing strict scrutiny of the crypto landscape in Singapore.
JoyHong Kong-based digital asset group HashKey's Singapore subsidiary, HashKey Capital Singapore, has secured a significant regulatory milestone, obtaining a full Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS). This licence empowers the firm to deliver regulated fund management services primarily concerning capital markets products within Singapore.
JoyFostering global partnerships, Singapore's MAS leads the way in digital asset innovation, aiming for regulatory alignment and enhanced cross-border interoperability.
Hui XinMAS states that these actions come as a result of their violations of the Securities and Futures Act 2001 (SFA) and Securities and Futures (Licensing and Conduct of Business) Regulations (SFR).
DavinThe Monetary Authority of Singapore (MAS) has revealed a new regulatory framework that will focus on maintaining a consistent value for stablecoins, bolstered by feedback from a public consultation held in October 2022.
DavinThe Monetary Authority of Singapore (MAS) has announced its commitment to allocate 150 million Singapore Dollars (around $112 million) over three years for the renewed Financial Sector Technology and Innovation (FSTI 3.0) Scheme.
DavinSingapore's central bank proposes innovative approaches to foster interoperable networks for tokenized digital assets with pilot studies being carried out by DBS, HSBC, and other banking giants.
CatherineThe Monetary Authority of Singapore proposed a new protocol called Purpose Bound Money (PBM) for CBDCs and stablecoin interoperability across different platforms Amazon, FAZZ, and Grab are piloting the use of the PBM protocol for online retail payments
TheBlockToday the Monetary Authority of Singapore (MAS) published a whitepaper proposing standards for digital money. The focus is on...
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