⚡ Regulators unite to promote cryptocurrencies
posted 30 Oct 2023
Regulators from the financial markets of Singapore (MAS), Japan (FSA), Switzerland (FINMA), and the United Kingdom (FCA) have formed a partnership to promote the integration of digital assets across various financial sectors.
Regulators from the financial markets of Singapore (MAS), Japan (FSA), Switzerland (FINMA), and the United Kingdom (FCA) have formed a partnership to promote the integration of digital assets across various financial sectors.
The primary objectives of this new regulatory alliance include:
The primary objectives of this new regulatory alliance include:
- Establishing policy and legal frameworks for digital assets.
- Addressing critical disparities within financial systems that hinder the global development of decentralized technologies.
- Creating a platform for the exchange of information and expertise among regulators.
According to Leong Sing Chiong, Deputy Managing Director of MAS, this collaboration will enable regulators to gain a deeper understanding of the industry and set high standards for the advancement of digital assets.
