Payment Services Act 2019

“cquire operating capital for GCX, the plaintiff obtained loans from his brother, Rio Christian (“RC”) and other individuals. GCX had, up to 28 July 2020, an exemption from holding a licence under the Payment Services Act 2019 (“PSA”) for the provision of a digital payment token service.”

“re not brought bona fide as the applicants have omitted the identities of the creditors in the Documents and have failed to disclose their breach of certain statutory licensing requirements under the Payment Services Act 2019 (Act 2 of 2019) (“PSA”) and the Securities and Futures Act 2001 (2020 Rev Ed) (“SFA”);”

“Criminal Procedure and Sentencing – Sentencing – Principles; Criminal Law — Statutory offences — Payment Services Act 2019; Criminal Procedure and Sentencing — Sentencing — Carrying on business of providing payment service without a licence — Money transfer services”

“AMS is licensed by the Monetary Authority of Singapore under the Payment Services Act 2019 as a major payment institution. Funds may be received into the AMS account of an e-commerce store operator who is a registered user of AMS’ services but these accounts are not bank accounts. Rather,”

“(a) “indebted[ness]” under s 125(2)(a) of the IRDA (“s 125(2)(a)” or “Section 125(2)(a)”) must involve fiat currency; (b) cryptocurrency is not included in the definition of “money” under s 2 of the Payment Services Act 2019 (2020 Rev Ed); and (c) cash debts are not treated as “movable property” under O 22 r 1 of the R”

“evidence in the course of investigations. These investigations eventually resulted in his prosecution for an offence of providing an unlicensed cross-border money transfer service under s 5(1) of the Payment Services Act 2019 (Act 2 of 2019), to which he pleaded guilty and was sentenced to 11 months’ imprisonment. The”

“Words and Phrases — Carrying on a business; Criminal Law — Statutory offences — Payment Services Act 2019”

“The applicant in this case (“Applicant”) was arrested and placed on agency bail pending investigations against him for an offence under the Payment Services Act 2019 (“Act”). Following his arrest, the Applicant travelled overseas on multiple occasions, after having obtained permission from the police to do so. However,”

“this case describes the Appellant’s POSB bank account as a payment account operated by the Appellant. Section 55A(7) of the CDSA defines “payment account” as having the meaning given by s 2(1) of the Payment Services Act 2019 (2020 Rev Ed), which defines it as (among others) “any account, or any device or facility (whe”

“2 of the Schedule to the Small Claims Tribunals Act 1984 (2020 Rev Ed), which expressly deems contracts to buy or sell foreign currency notes with a licensed money-changing service provider under the Payment Services Act 2019 (2020 Rev Ed) (the “PSA”) as contracts for the provision of services. Notably absent is any eq”