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Singapore central bank set to formulate tighter rules for crypto companies

MAS is set to draw up rules governing retail participation in crypto activities.

First Mover Asia: Singapore s Distaste for Retail Crypto Is Spooking Institutional Money | Currency News | Financial and Business News

Good morning. Here’s what’s happening:Prices: Bitcoin returned to where it started the weekend.Insights: Singapore s growing crypto regulatory scr.

Singapore s Central Bank: We Want to Be a Responsible Global Crypto Hub – Regulation Bitcoin News

DBS chief casts doubt on retail crypto plans, citing regulators

DBS Group Holdings Ltd Chief Executive Officer Piyush Gupta said Singapore’s biggest bank won’t offer crypto trading for retail investors this year, citing technological challenges and resistance from regulators.

Readout: US Deputy Secretary Of The Treasury Wally Adeyemo s Meeting With Singapore Finance Minister Lawrence Wong And Monetary Authority Of Singapore Managing Director Ravi Menon

<p><span>Deputy Secretary of the Treasury Wally Adeyemo met with Singapore Finance Minister Lawrence Wong and Monetary Authority of Singapore (MAS) Managing Director Ravi Menon today as part of the annual Bank Fund meetings. This follows several recent high-level meetings between the U.S. Treasury Department and the Government of Singapore, including the&nbsp;</span><a href="https://lnks.gd/l/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDAsInVyaSI6ImJwMjpjbGljayIsImJ1bGxldGluX2lkIjoiMjAyMjA0MjAuNTY2NzcwMTEiLCJ1cmwiOiJodHRwczovL2hvbWUudHJlYXN1cnkuZ292L25ld3MvcHJlc3MtcmVsZWFzZXMvankwNjgyIn0.RiZd B2dACgWZ28NzA4TD0L2evuQxpdF74FcuwoXsIY/s/1124085238/br/130057446226-l" target=" blank">meeting</a><span>&nbsp;last month between Prime Minister Lee Hsien Loong and Secretary Janet L. Yellen. Deputy Secretary Adeyemo, Finance Minister Wong, and Managing Director Menon discussed views on regional economic issues and areas of bilat

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