#monetary-authority-of-singapore

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fromFortune Asia
1 day ago

Singapore now requires crypto exchanges that only serve offshore clients to get a license

The money laundering risks are higher in such business models and if their substantive regulated activity is outside of Singapore, the MAS is unable to effectively supervise such persons.
Cryptocurrency
fromCoindesk
7 months ago

Singapore Pushes for Commercialization of Tokenization

"MAS has seen strong interest in asset tokenization in recent years, notably in fixed income, FX, and asset management. We are encouraged by the keen participation from financial institutions and fellow policymakers to co-create industry standards and risk management frameworks to facilitate commercial deployment of tokenized capital markets products, and scale tokenized markets on an industry wide basis," said Leong Sing Chiong, deputy managing director (Markets and Development) of MAS.
Miscellaneous
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