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Consultations Last Revised Date: 15 May 2020 Consultation Paper on Proposed Regulatory Approach for Derivatives Contracts on Payment Tokens This consultation sets out MAS' proposed regulatory approach under the Securities and Futures Act for derivatives contracts that reference payment tokens (e.g. Bitcoin) as underlying assets. Consultation number: P015-2019 Start date: 20 November 2019 Closing date: 20 December 2019 MAS response date: 15 May 2020