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.
Latest
JPMorgan Puts Its Deposit Token on Public Ethereum, for Approved Clients Only
JPM Coin moves beyond Base onto Ethereum, with the bank citing liquidity and existing client use while keeping holders on an approved list
Zcash Decides Today Whether NU7 Goes Live in November
Faster blocks are the headline. The Sprout pool freeze, which would strand about $26 million of old coins, is the detail holders are checking
Hyperliquid's Policy Arm Wants the SEC to Write Airdrops and Buybacks Into the Rulebook
In a comment letter filed the day before today's deadline, the Hyperliquid Policy Center backs Regulation Crypto Assets but asks for five changes, including a hard line between automated and discretionary buybacks
The CFTC's Retail Crypto Plan Turns on Where Your Coins Sit
Two weeks after the agency's advance notice on Regulation CTX and CAM, the 28-day "actual delivery" test is the part that would change how exchanges hold customer assets