DBS Vickers and Independent Reserve have received authorisation under the PSA to provide digital payment token services.
October 3, 2021MAS has granted three new licenses to FOMO Pay, including a DPT services licence. More new licences are expected to be announced shortly.
September 1, 2021Of around 170 digital payment token service providers who applied for a licence, 30 applications have been withdrawn after engagement with MAS and two have been rejected.
July 27, 2021MAS has identified several VASPs that have not come forward for licensing despite operating in Singapore or soliciting business from Singapore residents.
March 29, 2021Elliptic’s David Carlisle and Onchain Custodian’s El Lee discuss opportunities for the banking and cryptoasset industries to learn from one another in the fight against financial crime.
December 1, 2020The PS Act gives MAS formal supervisory powers over technology, cybersecurity and AML/CFT controls at payment services firms, including cryptocurrency and e-wallet companies.
January 28, 2020