Sparrow and DTC were granted in-principle approval earlier this year. MAS will be consulting on proposed measures to enhance its regulatory framework in the next few months.
August 2, 2022Deputy PM Heng Swee Keat said in-principle approvals were being issued to three more DPT licence applicants, later identified as Crypto.com, Genesis and Sparrowtech.
June 23, 2022Coinhako is the fifth firm to receive a full DPT licence under the PSA, after TripleA, FOMO Pay, DBS Vickers and Independent Reserve.
May 10, 2022MAS managing director Ravi Menon described the licensing process as necessarily stringent for Singapore to be a responsible global crypto hub.
May 3, 2022HashKey's platform will offer trading, brokerage and automated trading services for cryptocurrencies, virtual commodities, stablecoins and security tokens.
April 30, 2022Crypto exchange operators have all been instructed to provide details of their Russia-linked clients to the regulator.
March 17, 2022Digital Treasures Center enables merchants to accept crypto in payments. Hodlnaut offers cryptocurrency borrowing and lending services.
March 17, 2022Paxos will gain a DPT licence under the Payment Services Act. Sygnum will provide fund unit tokenisation and securitise NFTs and metaverse assets.
March 11, 2022Binance's recent investment in Hg Exchange rendered its licensing application “somewhat redundant", CEO Changpeng Zhao said.
December 16, 2021Crypto payments firm TripleA is the fourth company to receive a DPT licence in Singapore after FOMO Pay, DBS Vickers and Independent Reserve.
December 1, 2021