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100 Companies Fail to Obtain Crypto Licenses in Singapore Due to Tough Regulation
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More than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications. “Cryptocurrencies could be abused for money laundering, terrorism financing, or proliferation financing due to the speed and cross-border nature of the transactions,” said the country’s central bank, the Monetary Authority of […]https://news.bitcoin.com/100-companies-fail-to-obtain-crypto-licenses-singapore-tough-regulation/
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