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Market Cap:
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Cryptopolitan
2022-03-07 21:56:14

Singapore stops Russian cryptocurrency and NFT transactions

Singapore stops Russian cryptocurrency and NFT transactions

TL;DR Breakdown Singapore locks down Russian cryptocurrency and non-fungible token (NFT) transactions. The Monetary Authority of Singapore (MAS) releases new regulations. The regulations prevent money laundering and terrorist financing. In response to Russia’s recent invasion of Ukraine, Singapore’s Monetary Authority (MAS) has declared imposing sanctions on the country, including the restriction of cryptocurrency and NFT […]

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