Singapore's Central Bank Asks Crypto Firms to Submit Business Data: Report

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Singapore's Central Bank Asks Crypto Firms to Submit Business Data: Report
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Singapore's central bank has asked some crypto firms to submit business activity data ahead of planned regulatory changes, according to a report. By parikshitm899

The central bank is set to make changes to its crypto regulation policies following the collapse of Singapore-basedLast month, MAS had asked some digital asset companies for their

business related data, including top tokens owned, top lending and borrowing counterparties, amount loaned, and top tokens staked via decentralized finance protocols, according to the report.

 

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