Tagged: payment services act

Monetary Authority of Singapore Does Not Want to “Legitimise” Immature Crypto Sector by Jumping to Regulate It

Citing concerns about “…anonymity, speed and cross-border nature of DPT (cryptocurrency or digital payment tokens) transactions,” the Monetary Authority of Singapore (MAS) has stated it does not want to hasten regulation of cryptocurrencies because of the potentially “legitimizing” and popularizing effect doing so could have…. Read More

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