Singapore Central Bank Rules to Discourage Crypto Speculation, Ease Investment Qualifications
The Monetary Authority of Singapore (MAS) has released the second tranche of its responses to feedback on proposed regulations for crypto service providers.
MAS is keeping the requirement for crypto entities to discourage cryptocurrency speculation by retail customers and not offer financing.
MAS has eased limits on qualifying as an accredited investor and allowed exchanges to come up with their own criteria for listing tokens. [ more ]