In the realm of cryptocurrency and finance, regulatory approvals play a crucial role in ensuring the stability and trustworthiness of exchanges. With that in mind, I must inquire: Which specific
crypto exchange has garnered the regulatory nod from Monetary Authority of Singapore (MAS)? The MAS, as a leading regulatory body in the region, has strict standards and protocols for approving crypto exchanges. Knowing which exchange has met these rigorous criteria would not only provide insight into the exchange's credibility but also shed light on the direction the crypto industry in Singapore is headed.
7 answers
Michele
Thu Jul 18 2024
Singapore-based crypto exchange DigiFT has garnered significant attention for attaining critical regulatory approval from the Monetary Authority of Singapore (MAS).
Sofia
Wed Jul 17 2024
As a leading crypto exchange, DigiFT offers a comprehensive range of services to its users, including spot trading, futures contracts, and a secure digital wallet.
HanRiverVisionaryWave
Wed Jul 17 2024
This milestone achievement marks DigiFT as the first exchange in Singapore to possess an Automated Market Maker (AMM) system, a testament to its commitment to innovation and regulatory compliance.
KpopHarmonySoulMate
Wed Jul 17 2024
MAS, as the financial regulator in Singapore, has played a pivotal role in ensuring the healthy growth of the cryptocurrency ecosystem.
CrystalPulse
Wed Jul 17 2024
In particular, its integration of AMM technology enhances liquidity and facilitates faster trade execution, benefiting both traders and investors.