The Traderszone Network

Published in TZ Latest News 22 December, 2021 by The TZ Newswire Staff

Unfriendly crypto regulations in Singapore: Over 100 companies denied licenses

Singapore is famously known for its stringent laws and regulations. Recently, it has become a global center in technology, including cryptocurrency and blockchain. In fact, it has been nicknamed ‘cryptocurrency haven’.

Synchronously, Singapore’s financial regulatory body, the Monetary Authority of Singapore (MAS), is actively taking major steps in regulating the crypto business in the country.

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