First-step analysis: fintech regulation in Singapore
An overview of licensing and other key regulatory requirements for fintech products and services in Singapore.
Source: lexology.com
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TECH TUESDAY: Crypto Gaining Acceptance - Traders Magazine
Regulatory development and institutional buy-in are market tailwinds.
Source: tradersmagazine.com
Singapore regulator reiterates crypto dangers amid Hodlnaut woes
Cryptocurrency investment is “highly hazardous” but meltdowns in the sector have not created financial-stability risks for Singapore, regulators in the city-state said after another digital-asset firm ran into trouble.
Source: bangkokpost.com
Here Are All The Licensed Crypto Services Providers in Singapore
Data from MAS’ Financial Institutions Directory show that, as of August 01, 2022, 231 Money-Changing, 13 Standard Payment Institution, and 175 Major Payment Institution licenses had been issued. Of these, only nine companies were permitted to provide DPT services. In addition, desk research suggest that at least four companies have so far received in-principle approval for either a Standard or Major Payment Institution license.
Source: fintechnews.sg
MAS Mulling Stablecoin Regulation in the Wake of TerraUSD and Luna Collapse
MAS) is actively reviewing its approach to the regulation of stablecoin, and will consult the public in the coming months.
Source: fintechnews.sg