Singapore has announced plans to impose a trust requirement on cryptocurrency exchanges in a bid to instill confidence in the market and protect investors from potential losses.
On Monday, the Monetary Authority of Singapore (MAS) stated that cryptocurrency exchanges will be required to keep customer assets in a trust, according to a report from Bloomberg.
The new regulation is expected to be implemented before the end of the year. ...
Read More: Singapore Plans to Safeguard Cryptocurrency Investments with New Trust Requirement
Popular
- Apple could soon start manufacturing the iPhone 12 in India
- Amazfit T-Rex Pro will be launched in India Soon with 1.3-inch AMOLED screen, 15 military-grade certifications, 10 ATM water resistance
- Microsoft wants to modernize the scrollbars of Chrome on Windows 11
- Cyberpunk 2077 Phantom Liberty Unveiled – New District, Characters, Side Quests and Activities
- Shah Rukh Khan Visits Lalbaugcha Raja With Son AbRam, Video Goes Viral