On Friday, February 18th, Singapore announced that it was raising its carbon tax rate from S$5 per tonne of emissions...Read More
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The MVGX platform is operated by MetaVerse Green Exchange Pte. Ltd. (“MVGX”) and its subsidiaries, including Cyberdyne Tech Services Pte. Ltd. (“CTS”). MVGX is regulated by the Monetary Authority of Singapore as a capital markets services (CMS) licensee for dealing in capital markets products and providing custodial services, and a Recognised Market Operator (RMO). MVGX only serves non-retail customers under its RMO and CMS license in Singapore. The provision of digital payment token services, including the operation of a digital payment token platform, under the MVGX platform is undertaken by CTS, which is under an exemption from holding a licence under the Payment Service Act.