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Payment Services Act
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
Cryptocurrency
Temasek-backed Binance applies for Singapore crypto licence
(Feb 17): Binance Holdings, operator of one of the world’s largest crypto exchanges, has applied for an operating license in Singapore under the government’s new payments legislation.
February 17, 2020
Cryptocurrency
New Singapore law allows global crypto firms to expand locally
The Payment Services Act, which comes into force Tuesday, is the first comprehensive regulation for companies handling activities ranging from digital payments to trading of tokens such as Bitcoin and Ether.
January 28, 2020