Singapore regulator advocates one regulatory regime” for crypto and traditional finance – Regulation

Singapore's senior minister and chairman of the central bank, the Monetary Authority of Singapore (MAS), says there should only be "one regulatory regime" for both crypto and traditional finance. He also stressed that regulators should “provide maximum clarity about what an unregulated market is” so that investors are aware that they are entering at their own risk. “A regulatory system” Tharman Shanmugaratnam, Singapore’s senior minister who is also chairman of the country’s central bank, the Monetary Authority of Singapore (MAS), spoke about cryptocurrency regulation during a panel discussion with other regulators and bankers at the World Economic Forum last week. Shanmugaratnam was previously Singapore's deputy prime minister...