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Monetary Authority of Singapore May Introduce Risk Test Before Permitting Cryptocurrency Trading

Singapore's retail investors may have to take a risk awareness test to be allowed to trade crypto, in order to ensure that they have sufficient knowledge of the risks involved. Citing two consultation papers published on...

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Monetary Authority of Singapore May Introduce Risk Test Before Permitting Cryptocurrency Trading
Singapore's retail investors may have to take a risk awareness test to be allowed to trade crypto, in order to ensure that they have sufficient knowledge of the risks involved. 
Citing two consultation papers published on Wednesday, the CNA reported that the Monetary Authority of Singapore (MAS) proposed the requirement for aspiring crypto traders to go through a risk awareness assessment as a part of the rules to protect retail customers. ...
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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