Progress

Current status
in force
19 Jun 2025 in force
04 Oct 2024 in force
19 Sep 2024 adopted
21 Dec 2022 processing consultation
26 Oct 2022 in consultation

Scope

Implementers
Singapore
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national

Timeline of events

19 Jun 2025
in force

Implemented MAS guidelines on consumer protection measures by digital payment token service providers including consumer access and business conduct measures

On 19 June 2025, the guidelines on consumer protection measures by digital payment token service providers adopted by the Monetary Authority of Singapore (MAS) enters into force. The guidelines apply to all digital payment token (DPT) service provid…

Source
Event type order
Action type implementation
Government branch executive
Government body other regulatory body
04 Oct 2024
in force

Implemented MAS guidelines on consumer protection measures by digital payment token service providers including safeguarding of customer assets

On 4 October 2024, the guidelines on consumer protection measures by digital payment token service providers adopted by the Monetary Authority of Singapore (MAS) entered into force. The guidelines apply to all digital payment token (DPT) service pro…

Source
Event type order
Action type implementation
Government branch executive
Government body other regulatory body
19 Sep 2024
adopted

Adopted MAS guidelines on consumer protection measures by digital payment token service providers

On 19 September 2024, the Monetary Authority of Singapore (MAS) adopted the guidelines on consumer protection measures by digital payment token service providers. The guidelines apply to all digital payment token (DPT) service providers in Singapore…

Source
Event type order
Action type adoption
Government branch executive
Government body other regulatory body
21 Dec 2022
processing consultation

Closed consultation on MAS guidelines on consumer protection measures by digital payment token service providers

On 21 December 2022, the Monetary Authority of Singapore (MAS) closed the public consultation on the guidelines on consumer protection measures by digital payment token service providers. The guidelines apply to digital payment token (DPT) provider…

Source
Event type order
Action type consultation closed
Government branch executive
Government body other regulatory body
26 Oct 2022
in consultation

Opened consultation on MAS guidelines on consumer protection measures by digital payment token service providers

On 26 October 2022, the Monetary Authority of Singapore (MAS) opened the public consultation on the guidelines on consumer protection measures by digital payment token service providers until 21 December 2022. The guidelines apply to digital paymen…

Source
Event type order
Action type consultation opened
Government branch executive
Government body other regulatory body