The Monetary Authority of Singapore (MAS) - Singapore's top watchdog - pitches for a brutal approach to bad actors in crypto.
MAS Fintech Chief: Singapore Will Be ‘Brutal and Unrelentingly Hard’ for Bad Actors in CryptoThe Monetary Authority of Singapore – Singapore’s top watchdog – pitches for a brutal approach to bad actors in crypto.
He admitted that Singapore had imposed a “painfully slow” and “extremely draconian due diligence process” for licensing businesses related to crypto. The chief also said,
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