Showing 2492 Documents for "DPT"
Filter by
Sort by
- MAS
- Consultations
Last revised date:
- DPTSPs serve as a significant channel for customers to transact in DPTs and participate in other DPT- related products and services.
- payment token in exchange for any money, or any digital payment token (whether of the same or a different type); to accept any offer to buy or sell any digital payment token in exchange for any money, or any digital payment token (whether of the same or a different type).
- Customers who transact DPTs through DPT trading platforms expect DPT quotations displayed on the platforms to reliably represent the prevailing market supply and demand, their orders to be matched on an equitable basis, and their counterparties not to have an unfair advantage.
- MAS
- Consultations
Last revised date:
- a customer of a digital payment token (DPT) service provider.
- provider for the transmission of DPTs; pay a third party any money or DPT under an arrangement by your DPT service provider for the transmission of DPTs; transfer any digital payment token instrument to your DPT service provider, you should be aware of the following.
- a customer of a digital payment token (DPT) service provider.
- MAS
- Consultations
Last revised date:
- dealing in DPT includes the buying or selling of DPT. This would typically involve the exchange of DPT for fiat currency (e.g. Bitcoin for USD, or USD for Ether) or another DPT (e.g.
- Bitcoin for Ether); facilitating the exchange of DPT means establishing or operating a DPT exchange which allows the buying or selling of any DPT, in exchange for fiat currency or any DPT (whether of the same or a different type). 2.8 Where DPTS providers also facilitate the transfer of DPT
- accounts, but instead it is transferred to another DPT service in a digital form, whether on a PC or mobile phone.
- MAS
- Guidance
Last revised date:
- Payment Token (DPT) Service Providers.
- being deposited with DPT service providers, reasons for customers DPT transmission, etc.)
- Entities that (a) deal in DPT; (b) facilitate the exchange of DPT; (c) facilitate the transmission of DPT; (d) and/or provide custodian wallet services, will therefore be required to be licensed as DPT service providers, and comply with the AML/CFT requirements. 1 2 Dealing in DPT Facilitating the
- MAS
- Guidelines
Last revised date:
- If Token I is a digital payment token, then Company I may be carrying on a business of providing the service of dealing in digital payment tokens.
- Case study 6 Company F is planning to set up a digital payment token exchange platform that allows users to exchange digital payment tokens (such as Bitcoin) that do not constitute securities, derivatives contracts or units in CIS, to fiat currencies.
- The activity of establising or operating a digital payment token exchange is regulated by MAS under the PS Act.
- MAS
- Explainers
Last revised date:
- If Token I is a digital payment token, then Company I may be carrying on a business of providing the service of dealing in digital payment tokens.
- Case study 6 Company F is planning to set up a digital payment token exchange platform that allows users to exchange digital payment tokens (such as Bitcoin) that do not constitute securities, derivatives contracts or units in CIS, to fiat currencies.
- The activity of establising or operating a digital payment token exchange is regulated by MAS under the PS Act.
- MAS
- Monographs/Information Papers
Last revised date:
- If Token I is a digital payment token, then Company I may be carrying on a business of providing the service of dealing in digital payment tokens.
- payment token exchange On the basis that Company Fs digital payment token exchange will not allow trading of any products regulated under the SFA, the SFA will not apply.
- Case study 6 Company F is planning to set up a digital payment token exchange platform that allows users to exchange digital payment tokens (such as Bitcoin) that do not constitute securities, derivatives contracts or units in CIS, to fiat currencies.
- MAS
- Media Releases
Last revised date:
- The definition of DPT services will be expanded to include the transfer of DPTs, provision of custodian wallet services for DPTs, and facilitating the exchange of DPTs without possession of moneys or DPTs by the DPT service provider, when the amendments to the PS Act take effect. 3.
- The list of such entities can be found in this link . under the Payment Services Act (PS Act). DPT services include the buying or selling of DPTs or facilitating the exchange of DPTs.
- DPT service providers should therefore not portray the trading of DPTs in a manner that trivialises the high risks of trading in DPTs, nor engage in marketing activities that target the general public.” 6.
- MAS
- Notices
Last revised date:
- were sold in exchange for money (iii) digital payment tokens were exchanged for other digital payment tokens (b) Facilitating the exchange of digital payment tokens (i) digital payment tokens were bought in exchange for money (ii) digital payment tokens were sold in
- -------- (b) Transfers of digital payment tokens from one digital payment token address to another digital payment token address that are: (i) controlled by another digital payment token service provider that is subject to or supervised by a regulatory authority for compliance with
- Digital payment token address in paragraph 2 means any combination of letters, numbers or symbols used to identify an account that (a) holds digital payment tokens; and (b) can be used to send or receive digital payment tokens. 3.
- MAS
- Consultations
Last revised date:
- where they are neither a digital payment token (DPT) or digital capital markets product token (DCMPT)?
- Where the DTs are DPTs, such entities may be considered to be carrying on business of providing DPT service under the PS Act.