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Singapore MAS examines crypto firms ahead of new regulations: Report

2022.08.26 14:42

Singapore MAS examines crypto firms ahead of new regulations: Report
Singapore MAS examines crypto firms ahead of new regulations: Report

The Monetary Authority of Singapore (MAS) has started taking measures to prepare for new cryptocurrency regulations addressing the ongoing liquidity crisis and withdrawal issues.

Singapore’s central bank has sent detailed questionnaires to some applicants and holders of the MAS’ Digital Payment Token licenses, Bloomberg reported on Friday.

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