The Central Bank of Singapore (MAS) and Singapore police are helping banks in the country provide guidance to potential cryptocurrency customers and businesses.
According to Bloomberg’s report on April 6, citing statements from sources familiar with the subject. MAS And Singapore Police have been giving banks in the country for a while so that they can issue uniform standards when serving cryptocurrency customers. It helps.
In this context MAS And law enforcement officers all kinds of crypto companies create an account in the process fine tuning The sources who stated that they helped to make the project continue for 6 months he said he did. Also the next 2 months on the subject in applications takes place comprehensive a sector report will be published was also included in the descriptions of the sources.
in the cryptocurrency industry payment, trade And transfer companies operating in the field of loans underlined that it will also be considered. resources, this instructions through banks risk to their appetite according to customers will evaluate expressed.
Authorities, Singapore regulations according to banks to crypto companies free to serve underlining that the organizations undertake risk to analyze important stated that.