The Monetary Authority of Singapore (MAS) has recently unveiled a set of investor protection measures that are set to reshape the digital asset industry in Singapore. The new regulations, which require crypto service providers to deposit customer assets under a statutory trust by the end of the year, are designed to mitigate the risk of loss or misuse of customers' assets and facilitate recovery in the event of a service provider's insolvency.
MAS' Proposed Investor Protection Measures: A New Dawn for Singapore's Crypto Space?
New investor protection measures by the Monetary Authority of Singapore (MAS) are set to significantly reshape the digital asset industry in the city-state. We hear from crypto platforms on their views on the proposed changes.
Related
Runes Fever: Will Bitcoin's New Token Standard Live Up to the Hype?
With the launch of Runes coinciding with Bitcoin Halving , expectations are high that the new token standard could unleash more efficiency and scalability on Bitcoin.
Sygnum’s Clients Team on Managing Expectations and Emotions in the Crypto Market
Sygnum's Executive Director of Clients, Jason French, and Relationship Manager, Michael Wei, sit down with Blockhead
Sygnum SVP Benedict Yap on Applying TradFi Sensibilities to Crypto Investing
Sygnum Asset Management's Senior Vice President and Product Specialist, Benedict Yap, details how Sygnum offers long-term crypto investments with TradFi experience
The Synthetic Dollar: How Ethena Is Revolutionizing DeFi
The massive launch of Ethena has made a big splash in the crypto ecosystem with the protocol airdropping $450 million worth of ENA tokens to participants. Can it build on its successful launch to become a force to reckon with in DeFi?
Latest
Cake Group CTO Went "Too Far", Singapore Court Dismisses Wind-Up Bid
To Julian Hosp's rejoice, Judicial Commissioner Alex Wong was unconvinced that winding up Cake Group was U-Zyn Chua's only option
Top Crypto Stories This Week: From Bitcoin Halving to a Nigerian Prison Birthday Party
Bitcoin halving fails to impact the market but Blockhead's brn newsletters (free ahead of its launch) can inform you what to expect next! We can't get you out of a Nigerian prison though, sorry Binance.
Mainland Chinese Residents Can Only Access Hong Kong Crypto ETFs Through Loophole
Hong Kong regulators have clarified that Mainland Chinese residents will not have access to HK BTC and ETH ETFs... Except for one caveat...
Consensys Sues SEC Over "Unlawful" Ethereum Authority Following Wells Notice
Consensys was handed a Wells Notice earlier this month by the SEC, which it claims targeted its wallet product, Metamask. The firm is now suing the regulator for its "unlawful seizure of authority” over Ethereum