Singapore's MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End
Singapore's MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End
Singapore's MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End
The MAS has also restricted crypto service providers from facilitating lending and staking of tokens by their retail customers.
The MAS has also restricted crypto service providers from facilitating lending and staking of tokens by their retail customers.
The MAS has also restricted crypto service providers from facilitating lending and staking of tokens by their retail customers.
Jul 3, 2023, 8:42 AMDisclosure
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.