The Monetary Authority of Singapore (MAS) issued a set of guidelines on Monday that limit crypto firms from advertising their services to the public.Digital payment token (DPT) service providers "should not promote their DPT services to the general public in Singapore," MAS said in a statement.Crypto is "highly risky and not suitable for the general public" and service … [Read more...] about Singapore Looks to Curb Crypto Ads
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US regulator that oversees banks like JPMorgan wants to curb how they engage with crypto
The US Office of the Comptroller of the Currency (OCC), recently issued Interpretive Letter 1179 that revises previously released guidelines for banks engaging in certain cryptocurrency related activities.Previous interpretive letters, issued by the OCC in 2020 and 2021, which opened up US banks to crypto, thus received an additional clarification that imposes new … [Read more...] about US regulator that oversees banks like JPMorgan wants to curb how they engage with crypto
Monthly Report: China Ramps up Efforts to Curb Crypto Mining
Here is a summary of the top stories in the cryptocurrency sector this month Beijing Intensifies the War on Crypto Mining China has renewed its efforts against crypto mining in the country, with Bitcoin miners suffering as the biggest casualties. Reuters reports that all of Huobi, HashCow, and BTC.TOP have set in place measures in response to the government action. A cabinet … [Read more...] about Monthly Report: China Ramps up Efforts to Curb Crypto Mining