Global #Monetary Authority of Singapore

BitGo, a prominent cryptocurrency custodian firm, has achieved a significant milestone by securing a general payment institution licence from the Monetary Authority of Singapore (MAS).

Blockchain technology firm Paxos has received full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services in the country.

Singapore, a major financial hub, has identified digital payment token (DPT) services as a sector with an increased risk of terrorism financing. This raises concerns about anonymity and money laundering within the cryptocurrency space.

Taurus, a leading provider of crypto technology solutions, has revealed its plans to expand into the North American market with the opening of a new office in Vancouver.

Deutsche Bank, a German multinational investment bank, is teaming up with the Monetary Authority of Singapore (MAS) on asset tokenization.