Singapore’s Monetary Authority claims FTX is not operational in country

MAS claims that FTX.com is not operational in Singapore.

MAS claims that FTX.com is not operational in Singapore.

The license allows Hashkey Capital to conduct fund management services from Singapore.

The announcement comes a day after Coinbase also secured approval from the Monetary Authority of Singapore to operate in the city-state.

Key Takeaways: Singapore’s crypto service providers are regulated by the Monetary Authority of Singapore (MAS). The new law allows the regulator to look at providers exclusively serving offshore markets. Singapore tightens rules and seeks greater control over crypto companies This…

The Monetary Authority of Singapore (MAS), a leading financial regulator in Asia-Pacific, has given in-principle clearance to the leading regulated blockchain infrastructure platform to run digital payments token services under the Payment Services Act 2019. With this licence, Paxos becomes…

Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, is all set to expand its services after receiving an additional regulatory license from the authorities.