Singapore regulators defend their decision to issue a warning to Binance but not to FTX.
Under a law that is now in the country's parliament, the Monetary Authority of Singapore (MAS) will be given more authority.
The application for a Major Payment Institution (MPI) license in Singapore has been granted in principle to the Singaporean subsidiary of Upbit.
The Central Bank of Singapore has granted Ripple a full license to operate as a major payment institution, allowing it to continue its activities.
Sygnum Singapore received a license to offer crypto brokerage services to accredited investors and institutions in Singapore.
Singapore's central bank has given Kyle Davies and Zhu Su nine-year restriction orders due to alleged violations of the nation's securities regulations.
The MAS has approved no companies participating in its FinTech Regulatory Sandbox framework as crypto payment providers.
To get "MAS-regulated" status, stablecoins should provide monthly submission of independent attestations of their reserves to the central bank
The MAS and the FSA established a collaboration for the combined regulation and pilot testing of cryptocurrency projects.
Officials in Singapore are working with local financial institutions to create common criteria for vetting clients in the digital asset market.