Singapore seeks crypto company details ahead of possible regulatory changes: Bloomberg PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Singapore caută detalii despre compania cripto înainte de posibile modificări de reglementare: Bloomberg

The Monetary Authority of Singapore (MAS) is asking for detailed information from licensed cryptocurrency companies and from some applicants, A raportat Bloomberg on Friday, citing people familiar with the matter.

“In light of the various insolvencies and counterparty defaults which have plagued the crypto industry recently, the MAS is likely to be assessing the need for additional regulatory measures to mitigate the risks that led to these distressed scenarios,” Hagen Rooke, a partner at law firm Reed Smith LLP in Singapore, told Bloomberg.

In particular, Singapore-based hedge fund Three Arrows Capital Inscrisa pentru faliment in early July, while later that month crypto exchange Zipmex depusă pentru protecție against creditors and crypto lender Vauld halted withdrawals.

Bloomberg said the MAS is asking companies for detailed information on crypto assets they hold, lending and borrowing counterparties and amounts loaned as well as top tokens staked via decentralized-finance protocols.

An MAS spokesperson told Bloomberg in response to a query about the requests: “Licensees and applicants are expected to notify MAS of any events that materially impede or impair the operations of the entity, including any matter which may affect its solvency or ability to meet its financial, statutory, contractual or other obligations.”

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Despre autor

Mike Millard a lucrat ca editor pentru Bloomberg și Reuters, diverse ziare și site-uri web. A trăit în Asia de mai bine de două decenii și acum numește acasă insula grecească Corfu. Este autorul a trei cărți.

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