A Daenary’s and Co cryptocurrency ATM booth is pictured in Singapore, after the crypto ATM operator in Singapore said they have ceased crypto trading services on their five crypto ATMs to comply with Monetary Authority of Singapore 's new guideline announced on Monday, on Jan 19, 2022.
The Monetary Authority of Singapore's in new guidelines announced on Monday, said such convenient access may mislead the public to trade "on impulse". Another crypto ATM operator, Deodi Pte, on its website said it had also shut down its sole ATM in compliance with the guidelines.
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