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Bitcoin Daily: Singapore’s MAS Looks To Expand Regulation Of Digital Token Services

PYMNTS

Cryptocurrency, in its path to becoming more mainstream around the world, will consequently see more regulations passed down, such as MAS’s other recent action with government-owned investor Temasek to develop a framework for global blockchain transactions.

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Here Are All The Licensed Crypto Services Providers in Singapore

Fintech News

This is part of MAS’s broader strategy to strengthen consumer safeguards and mitigate risks in the digital currency domain. Following its latest feedback publication on DPT regulations, MAS has introduced rules focusing on business conduct and technology risk management.