MPI License
Lens 3 · Licensing
MAS Digital Payment Token License: Singapore MPI Application Guide
Complete guide to Singapore's MPI license for digital payment token services. PSA framework, capital requirements, TRM guidelines, Travel Rule, and 12–18 month application process.
Lens 4 · Regulators
MAS Singapore: Digital Payment Token Regulation and Project Guardian
MAS licenses Digital Payment Token services under the PSA, has issued 60+ DPT licenses, launched the multi-bank Project Guardian tokenization pilots, and enacted a stablecoin framework in August 2023.
Lens 2 · Jurisdictions
Singapore Tokenization Regulation: MAS, PSA, and Project Guardian
Singapore MAS tokenization framework — Payment Services Act licensing (S$250K–500K capital), Securities Futures Act for security tokens, Project Guardian pilots, stablecoin framework, and FATF Travel Rule.