MAS enforces order on DTSPs; Australia ups crypto ATM rules
The Monetary Authority of Singapore (MAS), the country’s central bank and chief financial regulatory authority, has set a deadline of June 30 for local digital asset service providers to stop offering services to overseas markets.
The measure came as part of a May 30 response that the regulator published to a consultation on its proposed regulatory framework for ‘Digital Token Service Providers (DTSPs).’
The framework falls under Singapore’s Financial Services and Markets Act…