Stablecoins that do not meet these criteria, such as those pegged to non-G10 currencies or multi-currency baskets, fall outside the scope of this framework.

Singapore does not have a single regulatory regime governing digital assets; rather, regulations depend on the nature of the assets and activities involved.

The concept of tokenization of real-world assets is here to stay and likely to become an integral part of global financial systems in the coming years.

Trade finance represents the financial instruments and products that are used by companies to facilitate international trade and commerce.

In our digital economy, data has emerged as one of the most valuable assets, driving decision-making, innovation, and economic growth.

Blockchain technology promotes transparency, security and efficiency, all of which are qualities that can improve the Environmental, Social and Governance (ESG) impact of companies.

Singapore's reputation as a global financial centre is grounded in a robust regulatory regime. At its core is the Monetary Authority of Singapore (MAS), which serves as the country's central bank and key financial regulator.

Singapore has emerged as a global hub for cryptocurrency trading and blockchain innovation, attracting investors, exchanges, and FinTech firms due to its progressive yet tightly regulated environment

Singapore, a global financial hub, has consistently demonstrated its commitment to fostering innovation while maintaining a robust and secure regulatory environment.

In April 2024, the collapse of Synapse Financial Technologies ("Synapse"), a banking-as-a-service (BaaS) provider, left over 100,000 customers without access to their accounts

FinTech Comparative Guide for the jurisdiction of Singapore, check out our comparative guides section to compare across multiple countries