MAS Archives - FortuneZ

Bankers Rush To Fix Cross-border Payments as Crypto Competition Hots up

July 28, 2021

The banking industry looks set to go to war with crypto – and is attempting to beat coins and their proponents at their own game, with the Bank for International Settlements (BIS) following on the heels of th...

Singapore MAS to Follow Up ‘As Appropriate’ with the Local Unit of Binance

July 2, 2021

The Monetary Authority of Singapore (MAS) announced on Friday that it would follow the same path as other financial regulators globally about their respective stance towards Binance, a major cryptocurrency ex...

Singapore Permits Crypto Corporations To Function Without A License For 6 Months

March 28, 2020

Singapore’s central financial institution and monetary regulator, the Monetary Authority of Singapore (MAS), revealed this week an inventory of corporations which were granted an exemption from holding a li...

Singapore Watchdog Wants Resolution Between Banks and Blockchain

October 10, 2018

The Monetary Authority of Singapore, the country’s financial watchdog and central bank, has signalled that it will help cryptocurrency companies overcome their difficulties with local banks, but will not be a...

Singapore’s Central Bank Will Now Treat Certain ICOs as Securities

November 15, 2017

In a recent guideline, published on 14th November, Singapore’s financial regulator put forth its interest in the booming ICO market and will now impose securities laws on certain ICOs. The guidelines stated ...