Tagged: digital payment token

Sygnum Singapore Onboards Bordier as B2B Partner Bank

November 19, 2023 @ 2:45 pm By Omar Faridi |

Bordier & Cie (Singapore) is Sygnum Singapore’s first B2B client since the latter received its MAS Major Payment Institutions license in October 2023 and launched its regulated Digital Payment Token (DPT) brokerage service. Globally, Sygnum has enabled “the 15+ banks and international financial institutions on… Read More

Read more in: Asia, Blockchain & Digital Assets, Fintech | Tagged apac, asia pacific, b2b, bordier & cie, digital payment token, gerald goh, mas, monetary authority of singapore, payment license, payments, singapore, southeast asia, update

Singapore: MAS Releases Investor Protection Measures for Digital Payment Token Services

July 4, 2023 @ 3:54 am By Omar Faridi |

The Monetary Authority of Singapore (MAS) announced new requirements for Digital Payment Token (DPT) service providers to safekeep customer assets under a statutory trust before the end of the year. This will aim to “mitigate the risk of loss or misuse of customers’ assets, and… Read More

Read more in: Asia, Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged consumer protection, digital payment token, mas, monetary authority of singapore, singapore, southeast asia