Singapore Plans to Safeguard Cryptocurrency Investments with New Trust Requirement

Publikováno: 3.7.2023

#Altcoin News #Singapore #Regulation #Hong Kong #Crypto Exchange

Singapore has announced plans to impose a trust requirement on cryptocurrency exchanges in a bid to instill confidence in the market and protect investors from potential losses.
On Monday, the Monetary Authority of Singapore (MAS) stated that cryptocurrency exchanges will be required to keep customer assets in a trust, according to a report from Bloomberg.
The new regulation is expected to be implemented before the end of the year. ...
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