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MAS Proposes Regulatory Guidelines for Digital Token Service Providers

CryptoMAS Proposes Regulatory Guidelines for Digital Token Service Providers

The Monetary Authority of Singapore (MAS) has released a Consultation Paper on the proposed regulatory guidelines for DTSPs licensed under the Financial Services and Markets Act 2022.

Feedback is open from October 4 to November 4, 2024.

This consultation outlines MAS’s proposed regulatory approach, including regulations, notices, and guidelines for Digital Token Service Providers (DTSPs) governed under Part 9 of the Financial Services and Markets Act 2022, to fulfill the Act’s objectives.

Read the consultation paper here:

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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