Ripple's Rahul Advani explains the importance of regulatory clarity in the digital asset space, and what an appropriate regulatory framework entails.
September 9, 2021Binance Asia Services, which operates Binance.sg, is a "distinct entity" and may still operate under an exemption while its licence application is under review.
September 6, 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, 2021DBS Vickers is working through the necessary follow-ups with a view to meeting MAS’ requirements for a digital payment token services licence.
August 12, 2021MAS has clarified that notices have been issued to several applicants and that "in-principle approval" is not an official term.
August 2, 2021AI and machine learning make it easier for firms to spot suspicious behavior and reduce false positives, but adoption is not without challenges, says Ashish Rai.
August 2, 2021Of around 170 digital payment token service providers who applied for a licence, 30 applications have been withdrawn after engagement with MAS and two have been rejected.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 proposes requirements for dealings in precious stones and metals, transactions involving digital payment tokens, and customers that may be considered higher risk shell companies.
July 13, 2021The woman received more than S$730,000 in criminal proceeds in various bank accounts she set up for her "online lover".
April 14, 2021MAS has identified several VASPs that have not come forward for licensing despite operating in Singapore or soliciting business from Singapore residents.
March 29, 2021