More S’pore consumer protection rules for retail crypto investors from June 2025

Quick Summary:

Other MAS rules such as those to do with ring-fencing customers’ assets will be in force from Oct 4.

Ms Angela Ang, senior policy adviser at blockchain intelligence firm TRM Labs, noted that the earlier safeguarding requirements that kick in in October are meant to protect customer assets in the event of fraud or insolvency.

Measures that centre around the assessment of a retail investor’s risk awareness will kick in on June 19, 2025.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Access Rules Consumer Risk Singapore Measures Retail June 2025 Crypto Assets

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-30 @ 17:20:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 765 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 22786237

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