Search Results: Singapore (29)
In a move aimed at bolstering customer protection, the Monetary Authority of Singapore (MAS) is set to require cryptocurrency companies to safeguard clients’ assets in a designated trust by the close of 2023.
A study on the nations most affected by the FTX crash was published on November 20 by cryptocurrency industry data portal CoinGecko.
Stablecoin issuers Circle and Paxos have received a license in principle from the Monetary Authority of Singapore (MAS), allowing them to operate as a payments company in the country.
Coinbase joins Crypto.com and DBS Vickers as a significant entity having a DPT license from the Monetary Authority of Singapore. As a result of receiving a license to do business, Coinbase will be able to provide cryptocurrency-related goods and services in Singapore.
The Hong Kong Monetary Authority (HKMA) has issued a stern warning to the cryptocurrency industry, cautioning that crypto businesses masquerading as banks and employing banking terminology may find themselves on the wrong side of the region’s banking laws.
The Monetary Authority of Singapore (MAS) has unveiled a comprehensive regulatory framework designed to enhance stability within the realm of single-currency stablecoins (SCS) operating under the jurisdiction of the city-state.
Crypto.com has obtained regulatory approval from the central bank of the Netherlands, De Nederlandsche Bank (DNB), to operate as a provider of digital asset services within the country.
China’s central bank governor, Yi Gang, revealed that transactions totaling nearly $250 billion have been conducted using the country’s digital yuan during the one-and-a-half years since its pilot launch.