OKX receives in-principle approval for Singapore MAS large payment institution license
OKX can provide digital payment tokens and cross-border remittance services in Singapore under the Payment Services Act 2019 (PS Act)
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OKX can provide digital payment tokens and cross-border remittance services in Singapore under the Payment Services Act 2019 (PS Act)
Hong Kong-based digital asset group HashKey's Singapore subsidiary, HashKey Capital Singapore, has secured a significant regulatory milestone, obtaining a full Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS). This licence empowers the firm to deliver regulated fund management services primarily concerning capital markets products within Singapore.
The Monetary Authority of Singapore (MAS) recently held its seventh annual meeting of the Cyber Security Advisory Panel (CSAP) with cybersecurity experts from around the world. Topics covered included the growing challenges in mobile banking security due to the increase in online scams and the expanding use of artificial intelligence (AI) in the financial industry.
An MPI license grants institutions the authority to offer cryptocurrency and fiat-related services to Singaporean residents.
For the first time in more than a decade, MAS will be getting a new Managing Director
This release follows a public consultation, and would cover single-currency stablecoins.
The Monetary Authority of Singapore (MAS) has revealed a new regulatory framework that will focus on maintaining a consistent value for stablecoins, bolstered by feedback from a public consultation held in October 2022.
FTX previously purchased an Australian company to bypass the financial services license process.
Singapore’s leading cryptocurrency platform receives Major Payment Institution licence to provide digital payment token services Coinhako (Hako Technology Pte Ltd), ...