Singapore's central bank, MAS_sg, has published new rules that will require cryptocurrency related entities to safeguard customer assets in a trust, among other requirements. By amitoj.
The MAS has also restricted cryptocurrency service providers from facilitating lending and staking of tokens by their retail customers but institutional and accredited investors could continue to be provided the service.
Singapore's central bank has also asked for public feedback on legislative amendments focused on the implementation of the latest requirements.
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