Posts Tagged ‘MAS’

Singapore Central Bank Proposes New Rules for Bitcoin Startups

Singapore’s central bank has proposed a new regulatory framework for payments that could cover digital currency exchanges. Digital currency exchanges would be covered by a provision overseeing startups that provide “money transmissions and conversion services. “The scope of currency conversion activities is intended to encompass the business of exchanging of currencies at a rate of…

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MAS reviewing venture capital rules to bolster fintech funding

The Monetary Authority of Singapore (MAS) is reviewing the regulatory policy framework around venture capital (VC) firms, in a bid to improve funding availability for financial technology start-ups. Shortage of capital and tech talent are the two key challenges the Republic faces, as it positions itself as one of Asia’s top destinations for fintech companies.…

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MAS establishes FinTech Innovation Lab

Singapore, 24 August 2016… The Monetary Authority of Singapore (MAS) today announced the opening of its FinTech Innovation Lab. The purpose-built facility, known as Looking Glass @ MAS1, is located within the MAS Building. Read more at MAS  

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