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media statement

Independent Reserve welcomes MAS's new regulatory framework, underscoring commitment to a secure crypto landscape in Singapore

Independent ReserveNews

Independent Reserve welcomes MAS's new regulatory framework, underscoring commitment to a secure crypto landscape in Singapore

Independent Reserve Singapore welcomes the Monetary Authority of Singapore's (MAS) new guidelines for Digital Payment Token service providers (DPTSPs). These measures aim to address potential harm to consumers and to ensure the safety of individuals engaging in cryptocurrency trading. We believe that these guidelines are a positive step towards fostering a more responsible and regulated cryptocurrency industry in Singapore.