Latest Web3 Finance and Compliance Reports
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MAS Clarifies Regulatory Regime for Digital Token Service Providers
The Monetary Authority of Singapore (MAS) clarified the applicable scope for its Digital Token Service Providers (DTSPs) regime. MAS issued on 30 May 2025 its response to feedback received on…
4 min read
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[GFI] The Impact of FSMA’s New Regulations on Digital Token Service Providers (DTSPs)
What are “Digital Tokens”? What are DT Services? What are (not) DT Services? “(a) any service provided by any technical service provider that supports the provision of any…
4 min read
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[Medium] Hong Kong SFC Considers Introducing Virtual Asset Derivatives Trading
Hong Kong SFC Mulls Virtual Asset Derivatives Trading On June 4, Christopher Hui noted that the Hong Kong SFC is studying the possibility of allowing professional investors to…
4 min read
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[PwC] Unlocking the future of payments and finance in MENA and the UAE with stablecoins
The MENA region, particularly the UAE, has emerged as a leading market for stablecoin and established itself as a dominant virtual asset hub in the region. With the…
4 min read
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[Withers Khattarwong] Key considerations for businesses in light of the commencement of Part 9 of the Financial Services and Markets Act 2022 (“FSMA”) relating to digital token service providers (“DTSPs”)
This note seeks to highlight several key considerations for business that provide services especially for digital payment tokens. Given the very high hurdle to obtaining a FSMA licence…
4 min read
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[MAS] Response to Feedback Received on Proposed Regulatory Approach, Regulations and Notices for Digital Token Service Providers issued under the Financial Services and Markets Act 2022
On 4 October 2024, the Monetary Authority of Singapore (“MAS”) issued a consultation paper on the proposed regulatory approach, regulations, notices and guidelines for digital token service providers…
4 min read