Singapore crypto exchanges expand with improved consumer protection

Singapore crypto exchanges are seeing better times now as the country has put measures in place for the expansion of these companies. Singapore crypto exchanges are going to be able to apply for licenses as the country’s payment service act will be coming to effect soon. Singapore’s Parliament passed the Payment Services, Bill, into law, creating the Payment Services Act with the new law coming into effect on Tuesday (January 28, 2020). Alongside the bill, Singapore crypto exchanges are allowed to apply for their licenses with MAS as the new law allows regulatory bodies the power to monitor and supervise