The Monetary Authority of Singapore announced a new framework that seeks to ensure value stability for stablecoins regulated in Singapore. By Simon Hawkins, Farhana Sharmeen, Tan Gen Huong, and Adrian Fong On 15 August 2023, the Monetary Authority of Singapore (MAS), Singapore’s primary regulator for banks and payment services, announced its new stablecoin regulatory framework. … Continue Reading
MAS has published new requirements for DPT service providers and a consultation paper on additional regulations and prohibitions against unfair trading practices. By Simon Hawkins, Farhana Sharmeen, Adrian Fong, and Tan Gen Huong On 3 July 2023, the Monetary Authority of Singapore (MAS), Singapore’s primary regulator for banks and payment services, announced new custody and … Continue Reading
The guidelines set out the MAS’ expectation that digital payment token service providers should not promote their services to the general public in Singapore. By Simon Hawkins, Farhana Sharmeen, and Tan Gen Huong On 17 January 2022, the Monetary Authority of Singapore (the MAS) issued new guidelines (the Guidelines) setting out restrictions on the promotion … Continue Reading
