Singapore’s financial watchdog has proposed restrictions on the use of credit or leverage when trading cryptocurrencies. The rules would stop any crypto firms from extending credit or leverage to retail customers and would prevent them from accepting payments via credit cards. These rules would not apply to institutional investors. The proposals put forth by the Monetary Authority of Singapore (MAS) are part of a basket of new measures aimed at mitigating “the risks of consumer harm” and educating “consumers on the risks of cryptocurrencies and their related services.” These m ...
Continue reading the above news article, by clicking here.
Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.
Please be sensible and follow our terms of service and rules, when replying and debating the news article.
Welcome to Admin Junkies