Policy Event Β· High impact

Singapore MAS Releases Final CBDC Payment Infrastructure Guidelines

Monetary Authority of Singapore released final guidelines for Project Orchid (Singapore-Thailand CBDC connectivity), establishing technical standards for cross-border CBDC payments. Guidelines enable regulated VASPs to integrate with CBDC settlement layers starting Q3 2026.

High impactπŸ‡ΈπŸ‡¬ SingaporeπŸ‡ΉπŸ‡­ ThailandCBDCRegulationExchangeETHMAS

APAC FINSTAB analysis

For APAC operators, this creates a high-impact signal around cbdc, regulation, exchange in Singapore, Thailand. Protocols/assets in scope: ETH. Named institutions or platforms: MAS. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

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High impactπŸ‡ΊπŸ‡Έ United StatesRegulationLicensingTokenizationExchangeOKB

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