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Regulatory Action
MAS expands scope of regulated payment services; provision of DPT custodial services now included
The amendments will allow the MAS to impose requirements relating to AML/CFT, user protection and financial stability on DPTSPs.
April 02, 2024
Cryptocurrency
MAS requires DPTSPs to safekeep customers assets under statutory trust, proposes lending and staking restrictions
DPTSPs are required to safekeep customer assets under a statutory trust before the end of the year.
July 03, 2023
Cryptocurrency
New curbs on crypto marketing 'a blunt instrument' but MAS's worries 'understandable'
The new guidelines mean that many DPT players will now have to rethink their advertising activities.
January 20, 2022
Cryptocurrency
MAS stops crypto service providers from marketing to general public
This includes advertising in public areas in Singapore as well as through the engagement of third parties.
January 17, 2022