MAS

Night view of Singapore taken across the water.
Hex Trust Receives In-Principle Approval from Singapore's MAS For Major Payment Institution License
The Major Payment Institution license would allow for the company to offer regulated Digital Payment Token services, such as custody.
Night view of Singapore taken across the water.

Singapore view.(Larry Teo/Unsplash)
Singapore Enacts Licencing Requirements for Crypto Custody Services and Others
The change in scope also includes cross-border money transfers even when the money is not accepted or received in the city-state, and the facilitation of the transmission of c...
Singapore view.(Larry Teo/Unsplash)

CEO of BitGo Mike Belshe in a chair on-stage at Consensus 2023
Crypto Custodian BitGo Wins In-Principle Approval as Major Payments Institution in Singapore
BitGo was also recently named by Hashdex as the custodian in its application to become an issuer of a spot exchange-traded fund.
CEO of BitGo Mike Belshe in a chair on-stage at Consensus 2023

(Larry Teo/Unsplash)
HashKey Capital Singapore Secures Capital Markets Services License From MAS
The firm follows crypto exchange DigiFT, which received a CMS license last month.
(Larry Teo/Unsplash)

How Singapore's Stance on Digital Assets Compares to Other Places
How Singapore's Stance on Digital Assets Compares to Other Places
Singapore has been trying to strike the right balance between regulation and innovation in crypto, but how does the country's approach compare with other regions in Asia? TRM...
How Singapore's Stance on Digital Assets Compares to Other Places

(Larry Teo/Unsplash)
Singapore Central Bank Rules to Discourage Crypto Speculation, Ease Investment Qualifications
"This shows that MAS is listening, and is willing to consider industry feedback, even if they do not always agree," said Angela Ang, a senior policy adviser for blockchain int...
(Larry Teo/Unsplash)

Ravi Menon, Managing Director of MAS
'Cryptocurrencies Have Failed the Test of Digital Money,' MAS' Managing Director Says
Ravi Menon, the Managing Director of the Monetary Authority of Singapore, said crypto has performed poorly as a medium of exchange or store of value.
Ravi Menon, Managing Director of MAS

Paxos CEO Charles Cascarilla at Invest 2018 (CoinDesk)
Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations
The company plans to issue a U.S. dollar-backed stablecoin upon receiving full approval from the Monetary Authority of Singapore, its central bank.
Paxos CEO Charles Cascarilla at Invest 2018 (CoinDesk)

Night view of Singapore taken across the water.
Singapore Central Bank Starts Tokenization Pilots Alongside JPMorgan, BNY Mellon, DBS
The test will explore bilateral digital asset trades, foreign currency payments, multicurrency clearing and settlement, fund management and automated portfolio rebalancing.
Night view of Singapore taken across the water.

(EDUARD MUZHEVSKYI / SCIENCE PHOTO LIBRARY/Getty Images)
Singapore, Japan, U.K., Swiss Regulators Plan Asset Tokenization Pilots
Project Guardian seeks to advance digital asset tokenization pilots for fixed income, foreign exchange and asset management products.
(EDUARD MUZHEVSKYI / SCIENCE PHOTO LIBRARY/Getty Images)