Singapore to enforce more crypto rules to protect retail investors

Central bank to ban incentives for customers and limit credit card purchases

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Singapore is putting in place measures to protect cryptocurrency retail investors. © Reuters

TSUBASA SURUGA, Nikkei staff writer

SINGAPORE -- Singapore on Thursday said it will roll out new rules to safeguard the interests of individuals by limiting their ability to trade cryptocurrencies, including banning credit lines for the purposes of purchasing volatile digital assets.

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