What Singapore Payment Services Act 2019 - MAS Digital Payment Token Licensing requires
Singapore's Payment Services Act 2019 (No. 2 of 2019) requires Digital Payment Token (DPT) service providers - including crypto exchanges and custodians - to hold a Standard or Major Payment Institution (MPI) licence from MAS; amendment in 2021 extended DPT requirements to stablecoin issuers and custodians.
Pillar: Crypto & Sovereign Finance · Authority: Monetary Authority of Singapore (MAS) · Version: 2.0.0 · Last updated:
Primary source: https://sso.agc.gov.sg/Act/PSA2019?WholeDoc=1
SHA-256 integrity: 49db89a7d53dee00fda3f6447e8b055634e2ee9ae4afc1b77b585a7da71f63a5
Primary Citations — 6 traced to source
- {"title":"Payment Services Act 2019 (No. 2 of 2019)","url":"https://sso.agc.gov.sg/Acts/PSA2019"}
- {"title":"MAS Notice PSN02 - Prevention of Money Laundering and Terrorism Financing for DPT Service Providers","url":"https://www.mas.gov.sg/regulation/notices/psn02-notice-on-prevention-of-money-laundering-and-countering-the-financing-of-terrorism"}
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- Discovery (free): /api/v1/nodes/singapore-payment-services-act-2019-mas-crypto-licensing.json — 6-field metadata
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