Crypto trading will go on, say retail investors as S’pore proposes tighter rules

The regulations proposed by the Monetary Authority of Singapore are more stringent for digital payment token companies than investors and include a ban on gifts or tokens to get customers. PHOTO: REUTERS
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SINGAPORE - Retail investors say cryptocurrency trading will not be significantly affected by new rules that aim to curb speculation.

The regulations released by the Monetary Authority of Singapore (MAS) on Wednesday include having such investors take a test to assess their understanding of the risks in trading crypto or digital payment tokens (DPTs).

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