The collapse of the $40 billion Terra ecosystem has caused regulators around the world to be more vigilant of their respective crypto industries. For instance, Singapores central bank is hinting that it will impose harsher penalties for those who exhibit bad behavior in the crypto industry. This was revealed by Sopnendu Mohanty, the Sopnendu Mohanty, the chief FinTech officer at the Monetary Authority of Singapore (MAS), the island nations central bank and financial regulatory authority. In an interview with the Financial Times, the executive said that the central bank will be brutal and...
source: https://tokenpost.com/Singapore-hints-of-harsher-penalties-for-bad-crypto-behavior-9652
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