Tag: mas

Aug 29 2022

MAS warns against cryptocurrency retail investments

Aug 29 2022 Published at Coinscreed under tags  mas news singapore

The Monetary Authority of Singapore (MAS) has warned investors against retail investments in cryptocurrencies citing high volatility in the cryptocurrency market. At a seminar on August 29, the managing director of the Monetary Authority of Singapore (MAS), Ravi Menon, addressed the organization's conflicting public statements regarding cryptocurrencies. The populace charged that regional regulators were promoting […] The post...

MAS MD Confirms Singapore’s Plan to Curb Retail Crypto Leverage

The Monetary Authority of Singapore’s Managing Director, Ravi Menon, confirmed in a speech on Monday that the regulator is considering bringing customer suitability tests for crypto trading and banning the use of

Aug 27 2022

Singapore Amps Investigation Of Crypto Firms, Plans On Introducing New Regulations

Aug 27 2022 Published at Bitcoinist.com under tags  btcusd btcusdt crypto news mas singapore

The Monetary Authority of Singapore (MAS) has instructed certain crypto firms to submit data concerning their business activities. The Central Bank is supposedly going to make certain amendments to the present crypto regulation policies after the collapse of crypto-hedge fund Three Arrows...

Aug 26 2022

Singapore’s MAS Seeks Information on Crypto Business Activities

The Monetary Authority of Singapore (MAS) has sent an array of questionnaires to cryptocurrency exchanges operating in the city- state asking for granular details about their business activities.

According to a Bloomberg report on Friday, the regulator is seeking information on top tokens owned by the exchanges, top...

Jul 21 2022

Tighter Crypto Regulations Says Singapore’s Central Bank, Here’s Why

Jul 21 2022 Published at Bitcoinist.com under tags  btcusd btcusdt crypto news mas singapore

Singapore has decided to strengthen and broaden its crypto regulatory framework amid the crypto downturn. Monetary Authority of Singapore (MAS) is set to toughen the framework on crypto platforms over the upcoming months. This move by MAS comes after witnessing the industry's...

Jun 30 2022

Three Arrows Capital gets a slap on the wrist from Singapore financial watchdog

Jun 30 2022 Published at CryptoSlate under tags  3ac mas regulation three arrows capital

Singapore's financial regulator has reprimanded three Arrows Capital (3AC) for providing false information about its operations in the country. The Monetary Authority of Singapore (MAS) said that 3AC exceeded the threshold for how many assets under management (AuM) an investment fund in the country can have. According to the official statement from MAS, 3AC has been violating its regulations since at least July...

May 05 2022

Singapore Restaurants Accepting Crypto Payments Amid Legislative Resistance

Singapore was once a haven for cryptocurrency enthusiasts but now the government is tightening its reins and restricting the use of digital assets. Nonetheless, restaurants in Singapore continue to accept crypto payments despite the legislative sanctions. Joo Bar and Maison Ikkoku spearhead the move to push the use of crypto payments for many businesses in Singapore. Many...

Apr 30 2022

Monetary Authority Singapore (MAS) Tightens Process To Approve Crypto License

Considering the higher risk involved in cryptocurrency, the Monetary Authority of Singapore (MAS) has tightened the procedure to approve a crypto license for digital asset providers, making the regime a “responsible global crypto hub.” Ravi Menon, the managing director of MAS, stressed enacting a more strict process while issuing a company legal license to operate crypto. He cited a...

Apr 05 2022

Singapore tightens laws for crypto companies in a cautious bid to embrace the industry

Apr 05 2022 Published at CryptoSlate under tags  crypto regulation mas regulation singapore

Singapore's parliament has passed an omnibus bill that will expand the powers of its primary market watchdog and introduce tighter regulation for crypto companies in the country. Passed on Tuesday, April 5th, the law is the government's latest effort to tighten its grip over the booming crypto...

Mar 15 2022

Shiba Inu Price Prediction: Charts Signal A Revisit To $0.00002 Support; Buy Opportunity?

With the recent breakdown of the descending triangle, the Shiba Inu (SHIB) price fell below the $0.0000225 mark with a downfall of 4.78% last week. The falling price is on the way to reaching $0.00002, but will the bulls reverse the trend at the psychological support, or will the memecoin reach a new low? Key...

Mar 14 2022

Sygnum Singapore Receives In-Principle Approval to Enhance Regulated Activities

Digital asset services provider, Sygnum Singapore recently announced that it has gained in-principle approval from the Monetary Authority of Singapore (MAS) to conduct additional activities under i...

Mar 13 2022

MANA Price Prediction: Symmetrical Triangle Pattern Breakdown Threatens 15% Fall; Should You Sell Now?

Mar 13 2022 Published at Coingape under tags  mana price analysis mas news price analysis rsi

A bearish breakdown from the ascending trendline indicates the continuation pattern has resulted in favor of MANA sellers. In addition, the retest phase validated the prior support trendline has flipped to resistance. Can traders sustain the bearish momentum to reach the January bottom support($2)? Key points: The MANA chart shows a post-retest bearish trend continuation...

Mar 10 2022

Near Price Analysis: Inverted Head And Shoulder Pattern Indicate An Upside Move To $14

Mar 10 2022 Published at Coingape under tags  macd mas near price analysis news price analysis

On Wednesday, the Near Protocol(NEAR) buyers made a flashy recovery against last week's correction rally. The coin price rebounded from the $9.5 support, showing a 16% long bullish candle. The price action is now forming the right shoulder of the inverted H&S pattern, nearing a bullish breakout from its $11.76 neckline. Key points: The NEAR...

Feb 23 2022

Feb 12 2022

Floki Inu Price Analysis: Planning To Buy Floki Inu? FLOKI Price To Retest $0.00003 Support

The relief rally initiated during the first week of February helped the...

Jan 15 2022

Nov 26 2021

Breaking: Singapore Greenlights Two New Institutional Grade Physical Bitcoin (BTC) Funds

Nov 26 2021 Published at Coingape under tags  bitcoin fund bitcoin news btcbrl btcbusd btcdai

The Monetary Authority of Singapore (MAS) green-lighted two new institutional- grade Bitcoin Funds issued by leading asset manager Fintonia. The two Bitcoin funds namely The Fintonia Bitcoin Physical Fund and the Fintonia Secured Yield Fund would offer long-term exposure to institutional investors in the country. The two new Bitcoin funds aim to cut down the complexities The post Breaking: Singapore Greenlights Two New Institutional...

Sep 06 2021

Sep 02 2021

Breaking: Singapore Regulatory Watchdog Puts Binance.com on Investor Alert List

Binance's legal woes took a new turn today just when things have started looking to improve for the world's leading cryptocurrency exchange. The Monetary Authority of Singapore (MAS), Singapore's Central Bank as well as the top financial regulator put Binance.com on its Investor Alert List. This list comprises names of companies or organizations that are The post Breaking: Singapore Regulatory Watchdog Puts Binance.com...

Jul 02 2021

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