š Singapore's Regulatory Update: MAS Enhances Crypto License Standards š
š MAS is introducing stringent measures for Digital Payment Token (DPT) services:
š« No trade incentivesā No financing/leverageš³ No credit card paymentsš° Limit crypto in net worth
š”ļø These steps aim to bolster consumer protection and promote responsible cryptocurrency trading.
Read more: consulting24.co/post/singapore-s-regulatory-update-mas-enhances-crypto-license-standards
#SingaporeMAS #CryptoRegulations #DigitalFinance #ConsumerProtection #Fintech #Blockchain #MAS #Cryptocurrency #FinancialStability
š Singapore's Regulatory Update: MAS Enhances Crypto License Standards š
š MAS is introducing stringent measures for Digital Payment Token (DPT) services:
š« No trade incentives
ā No financing/leverage
š³ No credit card payments
š° Limit crypto in net worth
š”ļø These steps aim to bolster consumer protection and promote responsible cryptocurrency trading.
Read more: consulting24.co/post/singapore-s-regulatory-update-mas-enhances-crypto-license-standards
#SingaporeMAS #CryptoRegulations #DigitalFinance #ConsumerProtection #Fintech #Blockchain #MAS #Cryptocurrency #FinancialStability