Regulation and compliance - Singapore's crypto game in 2022
New rules will allow MAS to streamline the industry and provide more clarity to players
Add BT as a preferred source
Singapore
SINGAPORE'S crypto players can expect greater regulatory scrutiny this year, but with that should also come more clarity on the space that exchanges and investors can participate in. Crypto licences will be doled out and consolidation will take place, say observers.
New regulations that take effect this year will grant the Monetary Authority of Singapore (MAS) more teeth in the regulation of digital payment token (DPT) services - which would include crypto exchanges.
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Japan’s Asics to spin off popular Onitsuka Tiger sneaker business; shares rise
CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
The returnees: Inside China’s AI talent reversal
