Singapore will broaden cryptocurrency regulations to cover more activities, joining a worldwide push to clamp down on risks after a series of business failures rocked the industry.
The Monetary Authority of Singapore plans to consult on proposed steps in September or October, Managing Director Ravi Menon said in response to questions after releasing the central bank’s annual report Tuesday. The revised rules may include further tightening retail-investor access to crypto, he added without providing details.
Singapore Plans a Further Strengthening of Cryptocurrency Regulations & Latest News Update
Singapore Plans a Further Strengthening of Cryptocurrency Regulations & More Live News
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Singapore Plans a Further Strengthening of Cryptocurrency Regulations & More News Today
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