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Singapore's Monetary Authority Enforces Crypto Lending and Staking Ban for Retail Investors

Singapore's chief financial watchdog has decided to enforce a ban on lending and staking for retail customers. On July 3, the Monetary Authority of Singapore (MAS) revealed a set of new requirements for what it calls "Di...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Singapore's Monetary Authority Enforces Crypto Lending and Staking Ban for Retail Investors
Singapore's chief financial watchdog has decided to enforce a ban on lending and staking for retail customers. 
On July 3, the Monetary Authority of Singapore (MAS) revealed a set of new requirements for what it calls "Digital Payment Token (DPT) service providers". 
These rules are meant "to safekeep customer assets under a statutory trust before the end of the year."...
Read More: Singapore's Monetary Authority Enforces Crypto Lending and Staking Ban for Retail Investors

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