Bill seeks to regulate Singapore entities providing virtual-asset services overseas
What are the new Financial Services and Markets Bill's main features and what could it mean for digital token services providers?
Monetary Authority of Singapore
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OC Singapore hosts inaugural Payment Services Act (“PS Act”) Roundtable
On 21st January 2020, OC Singapore hosted their inaugural Payment Services Act (“PS Act”) Roundtable. The Roundtable was convened to discuss two consultation papers on the PS Act published in December 2019 by the Monetary Authority of Singapore (“MAS”).
Singapur ermöglicht digitale Fintech-Banken
Noch bis Mitte dieses Jahres will Singapur die ersten Banklizenzen für rein digitale Banken vergeben. Damit werden Fintechs in dem südostasiatischen Stadtstaat nun erstmals zur direkten Konkurrenz der etablierten Kreditinstitute. Dies dürfte nur ein Ausblick auf die künftige Entwicklung der Finanzbranche in Südostasien sein.