Singapore’s central bank is introducing new measures to improve investor protection and market integrity in the cryptocurrency industry.
On July 3, the Monetary Authority of Singapore (MAS) announced new requirements for crypto service providers to hold customer assets into a statutory trust by year-end.
“This will mitigate the risk of loss or misuse of customers’ assets, and…
This story from cointelegraph.com was posted on 2023-07-03 by @seabree.