Tagged: lee boon ngiap

Singapore Warns Eight Cryptocurrency Exchanges, MAS Halts Single Initial Coin Offering

stop do not enter restricted notice

The Monetary Authority of Singapore (MAS) has issued a warning to eight cryptocurrency exchanges operating in Singapore. The notice told the exchanges NOT to facilitate trading in digital tokens nor future contracts without the explicitly authorization by MAS. The warning targeted security tokens and it… Read More

FundedHere’s CEO Lauds Singapore’s Securities-Based Crowdfunding Approach

Singapore Skyline

On Wednesday (June 8), the Monetary Authority of Singapore (MAS) announced it is revamping the country’s crowdfunding industry by offering new ways for small and medium enterprises (SMEs) to gain access to funds through securities-based crowdfunding (SCF) platforms easier. MAS stated in a press release it… Read More

Monetary Authority of Singapore Publishes Consultation on Crowdfunding

Singapore Downtown

The Monetary Authority of Singapore (MAS) has released a document outlining the proposals to introduce investment crowdfunding in Singapore.  Comments are being accepted on the consultation paper until March 18th.  The widely expected publication is in recognition of the shift from traditional forms of finance… Read More

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