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Singapore to restrict retail crypto speculation with new rules

November 24, 2023 by DIGIT
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According to MAS, speculative cryptocurrency trading is partly fueled by unverified success stories, celebrity endorsements and the fear of missing out (FOMO) on good returns.

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Categories Central Bank, Singapore
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  • bitcoinBitcoin(BTC)$64,830.00-8.71%
  • ethereumEthereum(ETH)$1,871.12-11.36%
  • tetherTether(USDT)$1.000.08%
  • binancecoinBNB(BNB)$619.32-10.39%
  • rippleXRP(XRP)$1.30-8.92%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$79.01-13.85%
  • tronTRON(TRX)$0.268826-4.02%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.032.91%
  • dogecoinDogecoin(DOGE)$0.090660-10.98%
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  • bitcoinBitcoin(BTC)$64,830.00-8.71%
  • ethereumEthereum(ETH)$1,871.12-11.36%
  • tetherTether(USDT)$1.000.08%
  • binancecoinBNB(BNB)$619.32-10.39%
  • rippleXRP(XRP)$1.30-8.92%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$79.01-13.85%
  • tronTRON(TRX)$0.268826-4.02%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.032.91%
  • dogecoinDogecoin(DOGE)$0.090660-10.98%