Singapore plans joint crypto pilots with Japan, Switzerland and UK

The Financial Authority of Singapore (MAS), the nation’s central financial institution and monetary regulator, is planning to begin crypto-related cooperation with some European international locations and Japan.

The MAS formally introduced on Oct. 30 that it’s partnering with the Monetary Providers Company of Japan (FSA), the Swiss Monetary Market Supervisory Authority (FINMA) and the UK’s Monetary Conduct Authority (FCA) to advertise joint digital asset pilots. The authority particularly seeks to hold out such pilots in relation to mounted revenue, overseas alternate and asset administration merchandise.

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