Tag: Singapore fintech news

Singapore MAS Tightens Fintech Rules as Crypto Firms Face Stricter Licensing Requirements

Singapore’s fintech sector is adjusting to tighter regulatory oversight after the Monetary Authority of Singapore (MAS) clarified licensing requirements for digital token service providers. Under the updated framework, companies providing certain digital token services exclusively to overseas customers must obtain regulatory approval. MAS has stated that licensing standards will remain strict, particularly regarding anti-money laundering […]