Singapore
April 02, 2024
Published by Victoria Kyle at April 02, 2024
The Monetary Authority of Singapore (MAS) has announced amendments to the Payment Services Act (PS Act) aimed at broadening the regulatory oversight of services related to […]
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February 01, 2024
Published by Victoria Kyle at February 01, 2024
Singapore’s authorities have issued a critical cybersecurity warning due to an increase in the use of cryptocurrency drainers, also known as wallet drainers. These are being […]
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November 24, 2023
Published by Victoria Kyle at November 24, 2023
According to MAS, speculative cryptocurrency trading is partly fueled by unverified success stories, celebrity endorsements and FOMO on good returns. Responding to the feedback on […]
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September 08, 2023
Published by Victoria Kyle at September 08, 2023
In its fight against money laundering, Singapore provides operational licenses to crypto businesses that can showcase robust Anti-Money Laundering controls. The Monetary Authority of Singapore […]
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July 03, 2023
Published by Victoria Kyle at July 03, 2023
MAS is also working to restrict crypto service providers from facilitating lending or staking for retail customers, but not for institutional ones. The Monetary Authority […]
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