Singapore Increases Risk Level for Crypto Exchanges

Singapore Increases Risk Level for Crypto Exchanges

The Monetary Authority of Singapore (MAS) has revised the country’s Terrorism Financing regulations, increasing the risk level for crypto exchange platforms from medium-low to medium-high. The Singaporean regulator published an update to the country’s National Risk Assessment (NRA) and National Strategy for Countering the Financing of Terrorism (CFT) on July 1. The purpose of the […]