MAS launches crypto consumer protection playbook, seeks public feedback on proposals

THE Monetary Authority of Singapore (MAS) has released a consultation paper to get conversations started on reducing risks for retail customers dabbling in cryptocurrency. Among the suite of measures it has proposed to this end are the restricting of cryptocurrency trading via credit, implementing customer-knowledge assessments, and prohibiting crypto service providers from lending out customers’ digital-payment tokens.


This website uses cookies. By continuing to use this site, you accept our use of cookies.