Tag Archives: Monetary Authority of Singapore

MAS Introduces New Consumer Protection Guidelines for DPT Service Providers

MAS Introduces New Consumer Protection Guidelines for DPT Service Providers

MAS Introduces New Consumer Protection Guidelines for DPT Service Providers Singapore is set to implement tougher regulations for entities involved in cryptocurrency or digital payment token (DPT) services.  The Monetary Authority of Singapore (MAS) announced on Tuesday its plans to broaden the range of payment services subject to regulation through modifications to the Payment Services Act and its supporting legislation. …

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