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MAS doesn’t belief retail crypto investments, mulling extra rules

The managing director of the Financial Authority of Singapore (MAS), Ravi Menon, addressed the company’s combined alerts on crypto within the public sphere at a seminar on Aug. 29.

The general public claimed that native regulators had been spreading crypto-positive sentiments whereas concurrently threatening extra rules. In keeping with the brand new assertion from Menon, the commentary shouldn’t be fully incorrect. He says the company must do “a greater job explaining” the scenario.