The new subsidiary will combine digital asset services under a single entity that will have about 100 staff by end-2024.
May 18, 2022The revised rules apply to securities and derivatives businesses, digital asset operators, clearinghouses, depositories, exchanges, digital token platforms, and crowdfunding platforms.
May 12, 2022The new government will establish a regulatory framework for ICOs and introduce rules to guard investors against hacks, system errors and unauthorised transactions.
May 11, 2022The Initial Exchange Offering platform operators are given nine months to comply with regulatory requirements before they can commence operations.
March 24, 2022MAS chairman Tharman Shanmugaratnam said NFTs could be regulated only if they are used to represent capital markets products.
February 17, 2022Advertisements related to cryptocurrencies in public areas will be prohibited, but advertising of services "can still be carried out normally".
February 16, 2022The proposed rules would bar digital asset fund managers from investing customer assets on DeFi platforms and digital asset advisers from recommending them to investors.
December 13, 2021Government ministries will work with the central bank and national power utility to decide on rules governing the use of cryptocurrencies.
September 18, 2021SIX Digital Exchange is approved to act as a CSD and its associated company SDX Trading to act as a stock exchange.
September 17, 2021The new rules allow banks to use biometric authentication methods to fulfill identity authentication requirements for internet-based applications.
September 10, 2021