Singapore’s Cryptocurrency Regulatory Environment in 2024
In 2024, Singapore’s cryptocurrency legislation landscape stands as a testament to its reputation as a global financial hub that is both progressive and prudent in its approach to new financial technologies. As a country known for its robust financial markets and forward-looking policies, Singapore’s regulatory framework for cryptocurrencies is...
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Cryptocurrency Regulation in Singapore Prior to 2024
Singapore’s approach to cryptocurrency regulation prior to 2024 was marked by a structured system governing digital payment token (DPT) providers under the Payment Services Act (PSA). The PSA, introduced in 2019, established a cohesive regulatory framework for DPT service providers in Singapore, overseen by the Monetary Authority of Singapore...
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