Hex Trust gets initial nod for payment institution license in Singapore
Hex Trust previously obtained a license for custody services in Singapore, but a recent legislative amendment placed these…
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digital payment token
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Singapore heightens risk factor of exchanges to counter terrorist financing
While the Monetary Authority of Singapore has elevated the risk factor for digital asset exchanges, it noted that…
Paxos Gains Full Approval From Singapore’s Monetary Authority for Digital Token Services
Paxos has secured full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services,…
Singapore ups crypto exchanges risk factor under new law update
The update aims to prevent Terrorist groups and organizations from exploiting Singapore’s economic openness as an international financial,…
Singapore amends payment laws to cover digital payment tokens
Singapore now requires virtual asset service providers (VASPs) to file for a license within a month or face…
Singapore digital currency rules tightened to discourage speculative activities
The Monetary Authority of Singapore is proposing stricter digital currency guidelines to regulate Digital Payment Token service providers…
Ripple Obtains In-Principle Approval for Major Payments Institution License in Singapore
Authorities in Singapore have awarded 190 Major Payment licenses, and 11 of these have gone to Digital Payment…