Singapore
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Regulation
Singapore raises risk level for digital payment token providers in counter-terrorism update
The Monetary Authority of Singapore (MAS) elevated the risk level of Digital Payment Token (DPT) service providers in its latest…
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Regulation
Deutsche Bank selects Axelar developer as partner in joining Project Guardian Singapore
Deutsche Bank has shown increased interest in digital assets and tokenization by joining the Monetary Authority of Singapore’s Project Guardian.…
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Regulation
Singapore revises Payments Service Act to include cross-border transfers
The Monetary Authority of Singapore (MAS) has significantly amended its Payments Service Act (PSA) to enhance its jurisdiction and bolster…
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Blockchain
SlowMist and HashKey Singapore Join Forces to Secure Digital Assets
Leading cybersecurity company SlowMist and Asian institutional asset management firm HashKey Singapore have partnered to secure digital assets. Together, they…
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Regulation
Singapore grants HashKey OTC in-principle approval for major payment institution license
HashKey, the operator of one of Hong Kong’s licensed crypto exchanges, secured an in-principle approval from Singapore’s leading financial regulator,…
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Regulation
BitGo secures preliminary approval in Singapore to become major payment institution
Crypto custodial service provider BitGo has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a…
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Regulation
Singapore MAS tokenization standards require overhaul to realize innovation potential
The Monetary Authority of Singapore’s (MAS) Project Guardian has been making waves in recent months for its progressive approach to…
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Regulation
Singapore further tightens crypto regulations to protect retail investors from speculative risks
The Monetary Authority of Singapore (MAS) has unveiled expanded regulations to safeguard retail crypto users from potential risks within the…
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Regulation
Regulatory victory for Paxos as Singapore approves US dollar stablecoin plan
Paxos has secured an in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for Paxos Digital Singapore. This approval…
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Blockchain
Huawei Cloud launches web3 services at Singapore summit
Huawei Cloud unveils innovative Web3 services at the SUSTAINABLE WEB3 SG 2023 Summit. Huawei Cloud has recently announced a significant…
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