Comments from the Managing Director of the Monetary Authority of Singapore, Ravi Menon.

Headlines via Reuters

  • MAS cannot compromise its due diligence process for licence applications for digital players
  • Considering further measures to reduce harm to consumers from cryptocurrency trading
  • Public consultation on new measures to be issued in October
  • MAS

    will propose regulatory approach for stablecoins

BTC update, its retraced much of its Asia timezone loss:

btc chart 29 August 2022