Key Points:Singapore MAS sets new licensing standards for DTSPs serving overseas clients.Authorities will generally not issue licenses after June 2025.Existing overseas-focused DTSPs must cease operations or face penalties.
Singapore’s Monetary Authority…
In brief
Singapore's financial authority has set a June 30 deadline for crypto firms operating overseas from Singapore to obtain a license or shut down, citing financial crime risks.
The new rules…
Singapore’s central bank has set a deadline of June 30 for local crypto service providers to stop offering digital token (DT) services to overseas markets.The directive came from the Monetary…
In brief
Kraken will offer so-called xStocks to overseas customers on Solana.
The initiative is being facilitated through a partnership with tokenization firm Backed.
The product is aimed at offering investors better access…
