Title: Singapore Imposes New Rules for Digital Payment Token Services
Post by: Bitcoin on Apr 03, 2024, 05:41 am
Post by: Bitcoin on Apr 03, 2024, 05:41 am
Singapore Imposes New Rules for Digital Payment Token Services
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional requirements on digital payment token service providers and broaden the scope of regulated services. The central bank warned that entities that do not fulfill the requirements must cease the activities when the amendments come into […]
Source: Singapore Imposes New Rules for Digital Payment Token Services (https://news.bitcoin.com/singapore-imposes-new-rules-for-digital-payment-token-services/)
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional requirements on digital payment token service providers and broaden the scope of regulated services. The central bank warned that entities that do not fulfill the requirements must cease the activities when the amendments come into […]Source: Singapore Imposes New Rules for Digital Payment Token Services (https://news.bitcoin.com/singapore-imposes-new-rules-for-digital-payment-token-services/)