You run an exchange serving Singapore. Registration, staking treatment and transfer-information rules set the shape of your compliance year.
Information, not advice
This page is information, not legal advice about your matter. A retainer begins only when a lawyer confirms it.
Start here
Know which rules already apply to you, before you add anything new
Adding a service changes what your MAS licence under the Payment Services Act covers. Checking where you stand first is cheaper than correcting it later.
What to work through, in order
Registration and licensing
A MAS licence under the Payment Services Act for digital payment token services, with a separate capital markets services licence if listed assets are capital markets products. MAS assesses governance as heavily as capital.
Staking, lending and yield
MAS has restricted the offer of lending and staking of retail customers’ digital payment tokens. The restriction goes to who you may offer it to, not merely what you must disclose.
Transfer information and record keeping
MAS Notice PSN02 applies value transfer and record keeping requirements, with suspicious transaction reporting to the Suspicious Transaction Reporting Office. Sanctions screening runs alongside.
Next steps
What happens if you go ahead
Scoping call
Written scope and fixed-fee quote
Engagement, once a lawyer confirms
Who would handle it
Offices
Melbourne
Level 17, 31 Queen Street, Melbourne VIC 3000
Sydney
Unit 3, 55 Pyrmont Bridge Road, Pyrmont NSW 2009
Gold Coast
Level 5, 33 Elkhorn Avenue, Surfers Paradise QLD 4217