Progress

Current status
concluded
05 Mar 2025 concluded

Scope

Implementers
Singapore
Policy Area
Authorisation, registration and licensing
Policy Instrument
Prohibition of goods and services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
national

Timeline of events

05 Mar 2025
concluded

Minister of State for Trade and Industry issued response in parliamentary inquiry on regulations for digital payment token service providers

On 5 March 2025, the Minister of State for Trade and Industry issued a response to a parliamentary inquiry on regulations for digital payment token service providers. They clarified their position on tightening rules for digital payment token servic…

Source
Event type inquiry
Action type closure
Government branch executive
Government body central government