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Balancing Fintech Innovation & Regulation In The Crypto Space | Cryptocurrency | Magna Law

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As crypto traders struggle to sue Binance, the legal ramifications of exchange outages remain unclea

Nearly USD 1 trillion in crypto market cap was wiped out in mid-May. A cascade of negative news—like Elon Musk saying that Tesla will...

Issue #6: 2021 | MAS commits $42m to spur adoption of technology solutions

30 April 2021 - The Monetary Authority of Singapore (MAS) has announced a new Regulatory Technology (RegTech) grant and Digital...

Issue #5: 2021 | NFT Mania

The recent success and increasing interest of mainstream media Non-fungible tokens ("NFTs") after Christie’s auction raising USD 69...

Magna Law Corporation welcomes Airell Ang as legal associate

20 May 2021 Graduating from one of the oldest and most well established law schools in the UK, Airell Ang joins Magna Law Corporation as...

Issue #4: 2021 | Key items proposed into the Omnibus Act for the financial sector

18 May 2021 On 21 July 2020, the Monetary Authority of Singapore (“MAS”) released a consultation paper to seek feedback in relation to a...

Issue #3: 2021 | Virtual Assets Service Providers and Travel Review

26 April 2021 The 2019 guidance placed clear anti-money laundering and financing of terrorism (AML/CFT) obligations on Virtual Assets...

Magna Law Specialist Legal Advisors in the Payment Regulatory Evaluation Programme.

26 April 2021 Magna Law Corporation is on The Payment Regulatory Evaluation Programme and in the Directory of Singapore Lawyers to...

Magna Law Corporation welcomes Ash Hassan as Senior Paralegal

Magna Law Corporation has been recognized as one of the specialist legal advisors in the Payment Regulatory Evaluation Programme (PREP).

Magna Law Corporation welcomes veteran lawyer Mr K V Sudeep Kumar as Managing Director

Mr K V Sudeep Kumar joins Magna Law Corporation as a Managing Director.

Issue #2: 2021 | Technology Risk Management Guidelines

1 February 2021 This revised MAS Technology Risk Management Guidelines sets out technology risk management principles and best practices...

Issue #1: 2021 | PAYMENT SERVICES (AMENDMENT) BILL

12 January 2021 Bill passed to tighten regulations on Virtual Asset Service Providers (“VASPs”). Background On 4 January 2021, the...