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Crypto firm bankruptcies and resulting disruption in crypto ecosystem continue to exacerbate liquidity and regulatory concerns. Signs of contagion are evident as prices of cryptocurrency type halved. Participants supporting crypto ecosystem at risk managing risk is critical.
Crypto firm bankruptcies and resulting disruption in the crypto ecosystem will continue to exacerbate liquidity and regulatory concerns in this space. Signs of contagion are evident as...
Singapore has sought to distance itself from key cryptocurrency players based in the country currently mired in trouble, with the central bank chief saying these “so-called Singapore-based” firms had “little to do” with the city state’s crypto regulations. Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), said authorities, however, were now planning consultations on strengthening crypto rules...
Singapore intends to broaden the scope of cryptocurrency regulations and pushed back against claims that some recently collapsed digital-asset outfits were regulated in the city state.
<p><span>Good morning and thank you for joining us in person for the release of the MAS Annual Report.</span></p>