The money laundering risks are higher in such business models and if their substantive regulated activity is outside of Singapore, the MAS is unable to effectively supervise such persons.
"We're seeing a wave of confusion and fear among everyday crypto investors, many of whom made their best effort to report taxes accurately. This kind of enforcement is only going to accelerate."
"We're redefining what a crypto launch looks like - not airdrops, not smoke and mirrors, but actual real-world extreme feats, true adrenaline," says Lilly Douse, spokesperson for Tigershark.
The foreign exchange market, with its daily turnover exceeding $6 trillion, is the largest financial marketplace globally, making it essential for business leaders to understand its structure.
Gold remains a sought-after asset as geopolitical tensions rise and central banks bolster their reserves, signaling a strong return of the precious metal in 2025.
This is a meaningful step forward in GSR's commitment to making digital asset trading infrastructure truly institutional, enabling clients to engage with markets faster and more transparently.