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The Payments Newsletter including Digital Assets & Blockchain, May/June 2023

The Payments Newsletter including Digital Assets & Blockchain, May/June 2023
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Singapore - MAS Proposes Amendments To Operationalise The Payment Services (Amendment) Act 2021.

Singapore - MAS Proposes Amendments To Operationalise The Payment Services (Amendment) Act 2021. Legal News and Analysis - Singapore - Capital Markets - ....

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Regulatory Approach To Digital Assets In Hong Kong And Singapore - Fin Tech

Due to the growing popularity of digital assets, governments and regulators have had to examine their legal and regulatory frameworks to develop new laws to regulate market activities relating to this asset class. ....

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GROW Positions Itself as a Top CeFi Platform for Bitcoin

/PRNewswire/ The crypto CeFi industry experienced unprecedented turmoil during the summer of 2022, which took down some of the largest platforms, such as. ....

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Could the 3AC Collapse Compound Singapore's Crypto Caution?

The Singapore-based cryptocurrency hedge fund Three Arrows Capital (3AC) was ordered into liquidation in late June after losing more than $3 billion over 2021 and 2022, making its collapse one of the largest hedge-fund trading losses of all time. The collapse may have shaken Singapore’s burgeoning cryptocurrency sector, but lawyers say that tighter scrutiny of the industry from the city-state’s authorities will ensure its sustainable growth. ....

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