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🌟 Singapore's Regulatory Update: MAS Enhances Crypto License Standards 🌟

šŸ“Š MAS is introducing stringent measures for Digital Payment Token (DPT) services:

🚫 No trade incentives
āŒ No financing/leverage
šŸ’³ No credit card payments
šŸ’° Limit crypto in net worth

šŸ›”ļø These steps aim to bolster consumer protection and promote responsible cryptocurrency trading.

Read more: consulting24.co/post/singapore-s-regulatory-update-mas-enhances-crypto-license-standards

#SingaporeMAS #CryptoRegulations #DigitalFinance #ConsumerProtection #Fintech #Blockchain #MAS #Cryptocurrency #FinancialStability

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I'm familiar with the story from the beginning so I wouldn't say I learned anything new. But good summary for those that haven't been following.

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