Singapore Directs Crypto Firms to Halt Overseas Operations in Crackdown on Unlicensed Providers

The Monetary Authority of Singapore (MAS), recently outlined certain requirements to be fulfilled by the "Digital Token Service Providers (DTSPs) in Singapore, in order to establish more control over crypto-related services. The MAS has also decided to limit licensing for DTSPs.

from Gadgets 360 https://ift.tt/l42PkbC

Comments

Post a Comment

Popular posts from this blog

OpenAI Said to Turn to Google's AI Chips to Power ChatGPT and Other Products

OpenAI is said to be renting Google's AI chips for ChatGPT and other products. While a major Nvidia GPU purchaser, OpenAI is now utilising Google's Tensor Processing Units (TPUs) for both model training and inference. This move expands Google's external TPU availability, previously reserved for internal use, helping them secure other major tech clients and AI startups... from Gadgets 360 https://ift.tt/4WULoH8
Read more