Singapore's Monetary Authority Enforces Crypto Lending and Staking Ban for Retail Investors

Publikováno: 4.7.2023

#Altcoin News #Singapore #Regulation #Exchange #Investing #Trading #Staking #Lending #Security

Singapore's chief financial watchdog has decided to enforce a ban on lending and staking for retail customers.
On July 3, the Monetary Authority of Singapore (MAS) revealed a set of new requirements for what it calls "Digital Payment Token (DPT) service providers".
These rules are meant "to safekeep customer assets under a statutory trust before the end of the year."...
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