Singapore shows crypto commitment by rejecting most of the crypto license applicants
Regulatory bodies exist not only to protect consumers but also the country’s reputation by ensuring nefarious activities are not permitted within its borders.
Regulatory bodies exist not only to protect consumers but also the country’s reputation by ensuring nefarious activities are not permitted within its borders.
Up to three winners will be selected, with each receiving S$50,000 in prize money.
Customers of participating banks in Singapore and Thailand will be able to transfer funds up to S$1,000 or THB25,000 daily across the two countries, using just a mobile number.
The platform, funded by the Monetary Authority of Singapore, will be used to manage the entire life cycle of structured products.