ICO and digital token offerings have taken the fintech and financial markets by storm, raising billions in 2017 alone. Singapore, as an international financial hub, has seen a great deal of interest for such offerings. Because these are new instruments, the existing legal regime was not structured with them in mind. Stefanie spoke to Lianhe Zaobao about a new guide issued by the MAS that helps shed light on how the regulators view such offerings, and the parties involved in the making of these offerings, within the framework of existing laws.

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