SINGAPORE -- Singapore is set to get tougher on cryptocurrency companies in the coming months, as the central bank plans to start talking with industry players by September or October with a view to drawing up tighter regulations for the emerging sector.
Cryptocurrencies
Singapore set to get tougher on crypto companies
Monetary Authority puts industry on notice about tightening rules
Singapore's central bank on July 19 reported a loss of 4.7 billion Singapore dollars ($3.37 billion) as the strong dollar undermined the value of other currencies in its portfolio. © Reuters
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