Singapore’s Regulatory Framework Boosting Digital Asset Innovation
The post Singapore’s Regulatory Framework Boosting Digital Asset Innovation appeared on BitcoinEthereumNews.com.
James Ding
Aug 19, 2025 17:34
Singapore is emerging as a leading hub for digital assets, driven by regulatory clarity and innovation in financial services, according to insights from DBS Bank’s digital asset leadership.
Singapore is rapidly establishing itself as a global hub for digital assets, with its regulatory framework and innovative financial services playing pivotal roles in this transformation. This development was highlighted by Evy Theunis, the Head of Digital Assets at DBS Bank, during a discussion on the Public Key podcast, hosted by Chengyi Ong from Chainalysis. DBS Bank’s Strategic Approach DBS Bank, Southeast Asia’s largest bank, has been at the forefront of embracing digital assets, according to Theunis. The bank’s strategic initiatives have included launching its own digital asset exchange and focusing on technological advancements and regulatory frameworks. These efforts underscore DBS’s commitment to integrating digital assets into traditional financial systems. Theunis emphasized the importance of regulatory clarity provided by the Monetary Authority of Singapore (MAS), which has been proactive in collaborating with the industry through consultation papers and dialogues. This approach has fostered a conducive environment for digital asset firms to thrive in Singapore. Regulatory Clarity and Industry Collaboration Singapore’s regulatory framework is recognized for its clarity and collaborative nature, which has been instrumental in attracting digital asset firms to the region. The MAS has been a pioneer in establishing regulations that provide a stable foundation for digital asset operations. This regulatory foresight has been crucial in positioning Singapore as a leader in digital finance. Theunis also highlighted the collaborative efforts between traditional financial institutions and digital asset firms, which have been key in driving innovation and ensuring responsible business practices. This partnership is seen as vital for the continued growth and maturity of the digital asset sector.…
Filed under: News - @ August 21, 2025 9:28 am