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Mastercard Takes Official First Step in World of Crypto: Mastercard Crypto Credential Goes Live

The Fintech Times

Mastercard Crypto Credential supports the exchange of travel rule information for cross-border transactions. The travel rule is a regulatory requirement to ensure transparency and prevent potentially illegal and illicit activities.

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Here Are All The Licensed Crypto Services Providers in Singapore

Fintech News

These figures suggest that despite early claims that a clear regulatory framework would provide a solid foundation for Singapore to consolidate its position as Asia’s crypto hub and allow the nation to see the emergence of a thriving crypto sector, the rules have weeded out an awful lot of startups, among which Binance and Huobi.