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Singapore says crypto ban not feasible, proposes risk mitigation measures

Singapore, October 27 (ANI): Monetary Authority of Singapore, the Singaporean central bank has published papers proposing regulatory measures to reduce the risk of consumer harm from trading in cryptocurrencies.
While putting out the regulatory measures in the public domain, the Singaporean central bank said though trading in cryptocurrencies is “highly risky” and not suitable for the general public such digital assets pl