What Singapore Payment Services Act 2019 (No. 2 of 2019) - Digital Payment Token (DPT) Service Licensing, AML/CFT Obligations, and Capital Requirements requires
The Singapore Payment Services Act 2019 (PSA) requires any entity providing digital payment token (DPT) services to be licensed by the Monetary Authority of Singapore (MAS) and comply with stringent AML/CFT, technology risk management, and capital adequacy requirements. Licensing is tiered into Standard Payment Institutions (SPI) and Major Payment Institutions (MPI) based on transaction volume thresholds defined in Section 6(5) of the Act.
Pillar: Crypto & Sovereign Finance · Authority: Monetary Authority of Singapore (MAS) · Version: 1.0.0 · Last updated:
Primary source: https://sso.agc.gov.sg/Act/PSA2019?WholeDoc=1
SHA-256 integrity: bb941baafcff41dfe738d1bcc3a883cecd36495892e05b316d92094d69033568
Primary Citations — 7 traced to source
- Payment Services Act 2019 (No. 2 of 2019), Section 5 - Licence required for payment services
- Payment Services Act 2019 (No. 2 of 2019), Section 6 - Classes of licences
+ 5 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.
Access
- Discovery (free): /api/v1/nodes/singapore-mas-payment-services-act-2019-dpt.json — 6-field metadata
- Vault (full node): /api/v1/vault/nodes/singapore-mas-payment-services-act-2019-dpt.json — full 13-key payload, $0.01 USDC (L402/Skyfire/Direct Base)
- Canonical URL: https://bidda.com/intelligence/singapore-mas-payment-services-act-2019-dpt
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