Blockchain.com has become the twelfth cryptocurrency exchange in Singapore to be granted a crypto-dealing license, enabling it to provide services to accredited investors and institutions.
August 8, 2023MAS says the move is aimed at preventing the loss of customers' assets and to facilitate a recovery in the event of a DPT provider's insolvency.
July 4, 2023Ripple said the licence will allow it to offer regulated digital payment token products and services in Singapore and scale on-demand liquidity service.
June 22, 2023Circle said receiving the licence is a “significant step forward” for the firm and the future of financial infrastructure and dollar digital currencies in Asia.
June 8, 2023CEO Kris Marszalek said Crypto.com is proud to receive a licence from a regulator that "prioritises consumer protection, safety and security".
June 6, 2023Crypto firms still under a PSA exemption have to report the total number of "higher risk customers" they serve, such as PEPs and their close associates.
June 1, 2023The guidance says money remittance services, banks, DPT service providers, precious stone and metals dealers, and non-profit organisations are vulnerable to TF threats.
May 29, 2023The consultation covers amendments to Payment Services Regulations and existing notices to include newly scoped-in payment services like DPT services.
May 10, 2023Luno, which received in-principle approval from MAS last year, has decided to stop serving users in Singapore.
April 21, 2023BitKeep said it is working to recover the stolen funds, some of which have already been frozen. Compensating victimised users is a top priority.
January 5, 2023