Singapore to issue new guidance for banks on vetting crypto clients: Bloomberg

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Singapore to issue new guidance for banks on vetting crypto clients: Bloomberg

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Singapore authorities are working with banks on new guidance for vetting crypto clients.  The guidance will cover stablecoins, nonfungible tokens (NFTs) and firms providing services in payments, trading and transfers of these assets. Banks will decide whether they want to take on crypto clients based on their risk appetite…
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