Singapore: Monetary Authority of Singapore requirements for digital payment tokens service providers (DPT)
Progress
Current status
processing consultation
21 Dec 2022 processing consultation
26 Oct 2022 in consultation
Scope
Implementers
Singapore
Policy Area
Other operating conditions
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Closed consultation on measures to reduce consumer risks from cryptocurrency trading
On 21 December 2022, the Monetary Authority of Singapore (MAS) closed the consultation on its Proposed Regulatory Measures for Digital Payment Token Services. Aiming to reduce consumer risks from the trading of cryptocurrencies, MAS proposes to impo…
SourceEvent type
order
Action type
consultation closed
Government branch
executive
Government body
central bank
Opened consultation on measures to reduce consumer risks from cryptocurrency trading
On 26 October 2022, the Monetary Authority of Singapore (MAS) published a consultation on its Proposed Regulatory Measures for Digital Payment Token Services. Aiming to reduce consumer risks from the trading of cryptocurrencies, MAS proposes to impo…
SourceEvent type
order
Action type
consultation opened
Government branch
executive
Government body
central bank