The Monetary Authority of Singapore is looking to impose suitability tests on those wishing to trade cryptocurrencies. Those who do not meet the requirements will have restrictions placed on their cre...
Tag: MAS
MAS doesn’t trust retail crypto investments, mulling more regulations
The managing director of the Monetary Authority of Singapore (MAS), Ravi Menon, addressed the agency’s mixed signals on crypto in the public sphere at a seminar on Aug. 29. The public claimed that loc...
Singapore’s MAS Considers Tougher Crypto Regulations
The top financial watchdog of the Asian city-state – the Monetary Authority of Singapore (MAS) – reportedly intends to implement additional regulatory steps in the cryptocurrency industry to create ma...
MAS to Tighten Oversight on Crypto Exchanges as it Looks Toward Functional Regulations
The Monetary Authority of Singapore (MAS) is currently making several inquiries from crypto companies within its borders in preparation for more comprehensive crypto regulation. According to a Bloombe...
MAS takes action against liquidity issues among crypto firms In Singapore
In reaction to the liquidity and withdrawal crisis that has befallen crypto firms, the Monetary Authority of Singapore (MAS) has set up numerous measures. The MAS has commenced operations to usher in ...
Singapore MAS examines crypto firms ahead of new regulations: Report
The Monetary Authority of Singapore (MAS) has started taking measures to prepare for new cryptocurrency regulations addressing the ongoing liquidity crisis and withdrawal issues. Singapore’s central b...
Singapore’s MAS Probes Crypto Firms Ahead of Regulatory Overhaul
The Monetary Authority of Singapore (MAS) is requesting additional information from cryptocurrency firms as the central bank prepares for impending regulatory change. Bloomberg has reported that Singa...
Three Arrows Capital Challenges Liquidation In Singapore As MAS Strengthens Oversight
Three Arrows Capital’s co-founder Su Zhu believes court-appointed liquidator Teneo mislead the Singapore High Court to gain approval for liquidating Three Arrows’ assets in Singapore. Su Zhu submitted...
Digital Trader BHEX.SG Receives Standard Payment Institution License from MAS
The central bank of Singapore also known as the Monetary Authority of Singapore (MAS) has issued a standard payment institutional license to BHEX.SG, a digital assets trading platform. According to an...
Fintech Firm DTC Awarded License by MAS to Offer Crypto Payments for Merchants – crypto.news
Singapore’s financial regulator MAS has approved Digital Treasures Center’s (DTC) proposal to provide cryptocurrency payment services to merchants around the country. Digital Treasure Center Gets the ...
Jack Ma’s downfall is a symptom of Xi Jinping’s communist economy
Jack Ma china economy – Getty Images Contributor As a Chinese success story, Alibaba is unrivalled. As its founder, Jack Ma soared in power and prestige, acquiring a global reputation that sprea...
Singapore’s MAS Will Begin a Public Consultation on Stablecoins
2 hours ago | 2 mins read Altcoin News MAS is actively enhancing its surveillance of the expanding cryptocurrency market. The central bank would soon consult the public on potential stable coin ...
MAS Chief Minister Asks Firms to Discourage Retail Crypto Trading
The Monetary Authority of Singapore has encouraged financial companies to discourage cryptocurrency trading. Responding to a question in parliament on Aug. 1, 2022, concerning licensing of digital pay...
Singapore’s MAS to Open Public Consultation on Stablecoins Soon
Singapore’s apex bank, the Monetary Authority of Singapore (MAS), is ramping up plans to open up discussions with the public for stablecoin regulations. Tharman Shanmugaratnam, Senior Minister and Mi...
Ether y solana lideran pérdidas mientras analistas predicen caídas más grandes tras decisión de la Fed
“Las señales de fondo de bitcoin continuaron esta semana, pero no surgió una señal clara de compra y la situación macroeconómica aún domina”, dijo Martin Hiesboeck, jefe de investigación cripto en Uph...
MAS Insists Terra, 3AC Unlicensed to Operate in Singapore
Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS) has corrected the misconception about how some of the most distressing crypto firms are linked to Singapore. Menon indica...
Singapore: ‘MAS Ahead in Limiting Crypto Marketing,’ But Tighter Curbs Expected
The Minister in charge of the Monetary Authority of Singapore (MAS) revealed in a parliamentary response recently that the agency is considering tighter curbs in the crypto sector, despite being ahead...
MAS Reprimands 3AC for ‘Misleading Information’
The Monetary Authority of Singapore slams hedge fund Three Arrows Capital for misinformation and exceeding the maximum value of assets under management for a registered fund management company. This l...
MAS Faults Three Arrows Capital for Sharing False Information
Despite its current woes as a liquidated company, the Monetary Authority of Singapore (MAS) has come out openly to accuse Three Arrows Capital (TAC), also popularly called 3AC, of providing it with fa...
Three Arrows Capital Provided False Information and Exceeded AUM Threshold, MAS States
The Monetary Authority of Singapore (MAS) said it had reprimanded Three Arrows Capital on June 30. The central bank alleged that the beleaguered crypto hedge fund provided misleading information and a...
Singapore’s MAS Grants In-Principle Approval to Crypto.com, Two Others – crypto.news
Crypto.com and two other companies have been granted in-principle approvals by the Monetary Authority of Singapore (MAS). This paves the ground for the three companies to offer their services within t...
Crypto.com and 2 Other VASPs Receive MAS Approval in Singapore
The Monetary Authority of Singapore (MAS) has granted in-principal approvals to three virtual asset service providers (VASPs), including Crypto.com, bringing the total number of legal players in the c...
Singapore’s MAS Grants CryptoCom In-Principle Approval
The leading digital asset exchange – CryptoCom – received in-principle approval from the Monetary Authority of Singapore to provide a variety of payment services within the Asian city-state. The regul...
Crypto.com Receives In-Principle Approval Tokens Permit from the MAS
Digital currency trading platform Crypto.com has been granted the In-Principle Approval from the Monetary Authority of Singapore (MAS) for its Major Payment Institution License. Should the license be...
Se registran liquidaciones cripto por más de $1000 millones a medida que bitcoin y ether pierden su nivel de soporte
Bitcoin sumó más de $532 millones de todas las liquidaciones, seguido de ether, con $317 millones, y los tókens SOL de Solana, con aproximadamente $20 millones. Los futuros siguiendo a ADA (de Cardano...
Jack Ma’s Ant Group Launched a Digital Bank Focused on Small Busineses in Singapore
Chinese billionaire Jack Ma’s Ant Group announced the soft launch of its Singapore-based digital bank – ANEXT Bank – on Monday, marking its latest foray in cracking into digital banking beyond its dom...
Jack Ma’s Ant Group launches digital bank in Singapore
Ant Group, the company behind China’s largest digital payment platform Alipay, has launched a neobank in Singapore. Named Anext Bank, it will target small and medium enterprises (SMEs), it said...
Billionaire Jack Ma’s Ant Group Launches Digital Bank In Singapore
A visitor takes a photo of Ant Group’s display at the 2021 China International Fair for Trade in … [+] Services in Beijing on September 5, 2021. An Xin/Costfoto/Future Publishing via Getty...
Singapore’s MAS has a digital asset tokenization plan with ‘Guardian’
According to a statement by Deputy Prime Minister Heng Swee Keat, the Monetary Authority of Singapore (MAS) has unveiled Project Guardian. This will be a collaborative endeavour with the financial ind...
Singapore Regulator MAS is Exploring Use of Cases in Digital Assets
The Monetary Authority of Singapore (MAS) has launched Project Guardian. This sandbox initiative is set to explore a number of defined use cases with respect to asset tokenisation on the blockchain. ...
Stringent Rules Could Turn Singapore Into a Global Crypto Hub, the MAS Says
Ravi Menon – the head of the Monetary Authority of Singapore (the country’s central bank) – said the nation’s crypto regulations will include a “stringent” licensing process. He believes strict rules ...