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This article outlines the key differences between the regulatory characteristics of “MAS-regulated stablecoins” versus other types of stablecoins that would be regarded as “digital payment tokens” under the Payment Services Act 2019, and the similarities and differences in regulatory treatment applicable to these different types of stablecoins.
Capital A Bhd's shareholders have approved the proposed disposal of the group's aviation business to AirAsia X Bhd during an extraordinary general meeting.
The Singapore government has decided to terminate the proposed acquisition of Income Insurance by German insurer Allianz, citing that the transaction is “not in the public interest” in its current form.
Vietnam’s Ministry of Industry and Trade has directed cross-border e-commerce platforms Temu and Shein to complete their business registration procedures by the end of November 2024.
Thailand's Finance Ministry has warned that Donald Trump's presidency could have both positive and negative implications for the country's economy. Pornchai Thiraveja,
Vietnam's Minister of Planning and Investment, Nguyễn Chí Dũng, announced that new government policies aimed at making the country a key destination for high-tech investments, particularly in the semiconductor industry, will be approved this year.