Singapore Steps Up Crypto Regulation: MAS Implements Stricter Guidelines For Service Providers

Singapore’s Monetary Authority has introduced amendments to the Payment Services Act, signaling a widening regulatory framework. These changes, which will take effect in phases from April 4, mark a significant shift in the landscape for companies operating in the crypto sector.

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Bitcoin Liquidity Exploding, The “Alameda Gap” Is No More

On March 19, Bitcoin prices fell to as low as $61,500. However, even as fear reigned, Kaiko, a blockchain analytics platform, observed that the coin’s liquidity across major crypto exchanges, including Binance and Coinbase, has been recovering steadily.

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European Crypto Exchange Obtains IPA License In Singapore

On Wednesday, European crypto exchange Bitstamp announced it had received an In-Principle Approval (IPA) license in Singapore. This license comes as the exchange’s first crucial step for navigating the strict regulatory landscape of the country.

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