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MAS Guidelines on Provision of DPT Services to Public – Impact and Implications
January 27, 2022 @ 3:00 pm - 5:00 pm
MAS has recently issued a set of Guidelines on the Provision of Digital Payment Token Services to the Public.
The Guidelines seek to discourage retail public participation in cryptocurrency trading, given the volatility and higher risks involved. The Guidelines essentially prohibit the marketing or advertising DPT services in public areas, or the engagement of third parties for marketing.
How will these Guidelines impact your business? What are the implications on Singapore’s positioning as a FinTech and Blockchain Hub?
Join the BAS’ Regulatory and Compliance Sub-Committee as we host a webinar to unpack the Guidelines. This is also a feedback session from the industry as we will be collecting comments and feedbacks from the audience, rationalise and consolidate these feedbacks, and presenting them to MAS as BAS Regulatory and Compliance subcommittee for recommendations and considerations.