Mas singapore bitcoin
Singapore helps global cryptocurrency firms to expand their local operations
Sign up for for the latest blockchain and FinTech news each week. By Tim Fries. About the author. Tim Fries.
LinkedIn Email. Tim Fries is the cofounder of The Tokenist.
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He has a B. That designation means that if the DBS Digital Exchange were to become foreign-owned that licensing could be revoked. DBS is committed to accelerating the development of a fully integrated ecosystem to facilitate this.
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We believe that this is the first of its kind integrated offering, which is differentiated in many ways. As we previously reported , this means there is no need to use a stablecoin such as the rather risky Tether popular in the crypto sector.
- Future Cryptocurrency Regulations.
- Cryptocurrency Firms Will Now Have To Be Regulated Under MAS;
- Cryptocurrency Exchange Regulations.
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- Why Singapore is emerging as global crypto leader - Asia Times!
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Although it has taken an even-handed approach to date, in MAS issued warnings to the public of the risks of investing in cryptocurrency products. In January , MAS issued a press release warning the public of the risks of speculating with cryptocurrency, while Deputy Prime Minister Tharman Shanmugaratnam stated that cryptocurrencies are subject to the same AML and CFT measures as traditional fiat currencies.
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