cryptonews
2023-04-06 08:56:00

Singapore Authorities to Set Best Practices for Crypto Client Vetting in Banks

Singapore officials are collaborating with local banks to develop uniform standards for evaluating customers in the digital asset sector in the aftermath of significant global disruptions in the industry. The Monetary Authority of Singapore and the police have been working with lenders in the country to refine their approach to onboarding crypto service providers, Bloomberg reported, citing people familiar with the matter. ... Read More: Singapore Authorities to Set Best Practices for Crypto Client Vetting in Banks

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