MAS
Singapore Defends Stance on Binance After FTX Implosion
This week, Singapore's central bank, the Monetary Authority of Singapore (MAS), released a statement to "address misconceptions" after the collapse of crypto exchange FTX. CoinDesk Executive Director of Global Content Emily Parker discusses the latest in the state of crypto in Singapore and Asia as FTX's implosion continues to ripple across the industry worldwide.
There Was No Cause to Add FTX to Investor Alert List Before Collapse, Singapore's MAS Says
The Monetary Authority of Singapore told CoinDesk it was not possible to prevent Singapore users from directly accessing overseas service providers, and warned regulations don’t protect against risky speculative trades.
Singapore Approves In-Principle License for Crypto Fund Manager Hashkey
The license from the central bank will allow Hashkey Capital's local arm to conduct fund management services.
Singapore Grants Stablecoin Issuer Circle In-Principle License to Offer Payment Products
Circle received its approval shortly after fellow stablecoin issuer Paxos received its own license.
Stablecoin Issuer Paxos Receives Operating License From Singapore Regulator
Paxos is the latest company to secure a license in Singapore, allowing it to offer blockchain or crypto services to local businesses.
Singapore Central Bank Proposes Stablecoin Rules to Rein In Crypto Sector
In a separate document, the Monetary Authority of Singapore said it's also considering measures to limit retail investors without access to professional advice from engaging in crypto markets.
Coinbase Gets Singapore Digital Payment Token License
Coinbase joins Crypto.com and DBS Vickers as major institutions with a DPT license from the Monetary Authority of Singapore.
Crypto Unit of Japan's SBI Wins Capital Markets License in Singapore
SBI Digital Markets, a subsidiary of the digital asset arm of SBI Holdings, can now offer crypto securities and derivatives trading services to Singapore customers.
Singapore's Central Bank to Consult Public on Stablecoin Regulations
The MAS is reviewing rules to deal with the risks of stablecoins, the minister in charge of the bank said.
'Singapore-based' Crypto Firms Leading Market Meltdown Were Not Regulated, Central Bank Chief Says
Troubled companies like Three Arrows – reported by the media as being based in Singapore – have "little to do" with local crypto regulations, said the head of the Monetary Authority.
