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Authors: Peiying Chua Heikes, Evan Lam

Navigating New Norms: A Deep Dive into the New Regulatory Measures for DPT Services

The MAS has finalised the suite of regulatory measures for digital payment token service providers with its publication of the second phase of the responses to the consultation held in late 2022.

This second set of responses focuses on the proposed consumer access, business conduct and technology and cyber risk measures.

Furthermore, these responses outline the MAS’ plan for the implementation of the proposed regulatory measures for digital payment token service providers into 2024 and beyond.

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