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Singapore is wary of crypto service providers

Published On 06 Apr 2022 12:19 PM


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Singapore is cautious when it comes to crypto service providers. The approval of laws tightening limits on bitcoin service providers is the latest indicator of Singapore's cautious acceptance of the crypto economy.

The Singapore House of Commons enacted legislation on Tuesday requiring all virtual asset service providers operating in the city-state to obtain a licence from the government before operating.

The new rule i....


Tags : Singapore, Crypto Service Providers, Cryptocurrencies,
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