Singapore plans a further strengthening of crypto regulations


SINGAPORE, July 19 (Bloomberg): Singapore intends to broaden the scope of cryptocurrency regulations and pushed back against claims that some recently collapsed digital-asset outfits were regulated in the city state.

The Monetary Authority of Singapore plans to consult on proposed steps in the next few months, its managing director Ravi Menon said in a speech after releasing the central bank’s annual report Tuesday.

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Singapore , Crypto , Regulations

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