Singapore News » Central News Singapore » Central » Cryptocurrencies: Singapore Central Banker Sees Private Crypto on Its Way Out
Private cryptocurrencies that failed the fundamental tests of financial services will eventually exit the monetary scene, according to Singapore’s central bank chief. That will leave a future monetary ...
News Singapore » Central » Cryptocurrencies: Singapore Considers Stricter Rules for Retail Crypto Investors — Regulator Says Cryptocurrencies Are 'Highly Hazardous'
Singapore’s central bank, the Monetary Authority of Singapore (MAS), is contemplating imposing stricter rules on retail crypto investors. “MAS regards cryptocurrencies as unsuitable for use as money ...
News Singapore » Central » Cryptocurrencies: Singapore central bank proposes legislative framework for stablecoins
The Monetary Authority of Singapore (MAS) today published a consultation paper on proposed legislative amendments to the Payment Services Act 2019 (PS Act) to implement MAS’ regulatory framework for ...
News Singapore » Central » Cryptocurrencies: Singapore explores rules to protect investors in cryptocurrencies
SINGAPORE (Reuters) - Singapore's central bank is assessing whether additional regulations are required to protect investors in cryptocurrencies, an official said in a speech released on Thursday. The ...
News Singapore » Central » Cryptocurrencies: Singapore Forces Crypto Exchanges to Move Customer Funds to A Trust
The Monetary Authority of Singapore (MAS), which regulates the country’s financial sector, has prohibited traders from lending or staking cryptocurrencies, and is now requiring crypto exchanges to ...
News Singapore » Central » Cryptocurrencies: Singapore's Central Bank Asks Crypto Firms to Submit Business Data: Report
The Monetary Authority of Singapore (MAS), the country's central bank, has asked some digital asset firm to submit data about their business activity, Bloomberg reported, citing people with knowledge ...