SINGAPORE -- Singapore's financial regulator is tightening rules on anti-money laundering measures covering cryptocurrency players, as the city-state extends its reach to mitigate the risk of ill-gotten gains flowing through the country after a recent large criminal bust.
Cryptocurrencies
Singapore tightens anti-money laundering rules for crypto players
Financial regulator MAS demands digital payment token services get licensed
The Singapore financial regulator’s announcement on Tuesday on tightened rules for crytocurrency providers came as the city-state continues to investigate the biggest money laundering case in its history. © Reuters
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