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Final rules seek to strike a balance but fears linger, say Singapore crypto players

ANN/THE STRAITS TIMES – The final measures governing the cryptocurrency sector in Singapore sought to balance the need for retail investor safeguards with companies’ worries, market observers said. They noted that even as the regulator stood firm on certain aspects, it made adjustments too. The comments come after the Monetary Authority of Singapore (MAS) on […]
Hong Kong Tung Li Gerry Eng Shadab Taiyabi Angela Ang Lasanka Perera

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Coinhako secures licence to provide digital payment token services in Singapore

Singaporean crypto firm Coinhako has been granted the Monetary Authority of Singapore’s (MAS) official approval for a Major Payment Institution (MPI) licence which allow the firm legally operates as regulated providers of Digital Payment Token (DPT) Services under the Payment Services Act (PSA).
Yusho Liu Gerry Eng Major Payment Institution Monetary Authority Of Singapore Payment Services Act Monetary Authority

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