Singapore

Singapore Monetary Authority Expands Regulatory Scope for Digital Payment Token Services

April 2, 2024

The Monetary Authority of Singapore (MAS) has taken significant steps to enhance the regulatory framework for digital payment tokens. In an announcement Tuesday, MAS revealed amendments to the Payment Services Act and its subsidiary laws, aimed at broadening the range of payment services subject

Policy·Regulation·Road 2 Crypto·Technology

Crypto Exchange OKX Secures Major Payment Institution License in Singapore

September 2, 2024

A leading cryptocurrency exchange, OKX, has secured a significant milestone by obtaining a full license in Singapore, known as the Major Payment Institution (MPI) license on Monday. Issued by the Monetary Authority of Singapore (MAS), this license will allow the exchange to facilitate crypto trading and cross-border transfers. OKX announced that the MAS had granted

September 4, 2024

Policy·Regulation·Road 2 Crypto·Technology

Singapore Casinos Go Cashless, Say ‘No’ to Crypto Over Security Concerns

Singapore is stepping forward in modernizing its casino industry by approving cashless gaming transactions. Unfortunately, the amendment does not cover cryptocurrency transactions.

September 11, 2024

Singapore

Singapore Monetary Authority Expands Regulatory Scope for Digital Payment Token Services

Crypto Exchange OKX Secures Major Payment Institution License in Singapore

Bitcoin ATM Scams Surge, Targeting Older Adults With Fraudulent Schemes

Singapore Probes Shadow Market for Worldcoin Accounts

Stablecoin Payments in Singapore Hit Record High in Q2, Approaching $1 Billion

Singapore Casinos Go Cashless, Say ‘No’ to Crypto Over Security Concerns