Are you into crypto? Benjamin Cheong, Deputy Head of Rajah & Tann Singapore’s Technology, Media & Telecommunications Practice explores the newly published Investor Protection Measures for Digital Payment Token Services announced by the Monetary Authority of Singapore (MAS) on 3 July 2023.
How do these measures safekeep customer assets and how will they affect existing and potential investors? While the measures mitigate losses in the event of a service provider’s insolvency, what risks remain in the cryptocurrency jungle?
Tune in to this episode of CNA’s Daily Cuts where Benjamin breaks down likely effects of these new requirements and what lies ahead for cryptocurrency in Singapore and the region.
Listen to the podcast here.
