Recently, Singapore’s regulatory agencies have increased their scrutiny of the country’s cryptocurrency industry. Vitalik Buterin, co-founder of Ethereum, protested. He was also added:
“The willingness of a city-state to distinguish between blockchain usage and cryptocurrency is like one those strange things. The truth is that if you don’t have cryptocurrency, the blockchains you do have are fake and nobody will care about them.
Last month, the Monetary Authority of Singapore (MAS), introduced a new set of regulatory measures. After the demise of Terra Labs, a Singapore-based crypto-regulatory authority, Singapore has stated that stablecoins can be accepted. This website provides general market commentary. It does not provide investment advice. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comHaroldCoincu NewsTags: cryptoCZMASsingaporeVitalik Buterin