The Singaporean central bank says that its crypto licensing process needs to be 'stringent.' cryptocurrency bitcoin $BTC
The Monetary Authority of Singapore , the country’s central bank and the regulator of the crypto sector, says that its licensing process for digital asset service providers needs to be stringent. “It needs to be because we want to be a responsible global crypto hub with innovative players, but also with strong risk management capabilities,” said the central bank chief.
The licensing process is stringent. And it needs to be because we want to be a responsible global crypto hub with innovative players, but also with strong risk management capabilities.
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