Singapore: Implemented MAS guidelines on consumer protection measures by digital payment token service providers including consumer access and business conduct measures
Description
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…
Scope
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body
Complete timeline of this policy change
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2022-10-26
in consultation
2022-12-21
processing consultation
2024-09-19
adopted
2024-10-04
in force