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Nalezeno "Digital payment token services": 5

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...

Stablecoin Issuer Paxos Receives Preliminary Nod from Singapore Regulator


Source: Paxos Blockchain infrastructure firm Paxos has obtained a preliminary license from the Monetary Authority of Singapore (MAS) for its new entity. With the in-principal approval, Paxos Digital Singapore, the new entity, will offer digital payment token services to Singaporeans. Further, Paxos...

Ripple earns Singapore Digital Payment Token Services license


Ripple announced receiving the MAS’s (Monetary Authority of Singapore) approval for the MPI (Major Payments Institution) license. Now, the blockchain can legally offer its digital payment services in Singapore. Ripple will use its Singapore-based subsidiary, Ripple Markets APAC Pte Limited...

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