Singapore is warning the public about the risks of trading cryptocurrencies. Tharman Shanmugaratnam, the chairman of the Monetary Authority of Singapore, in response to a parliamentary question on Monday said, “Cryptocurrencies can be highly volatile, as their value is typically not related to any economic fundamentals.” “They are hence highly risky as investment products, and […]
The post Monetary Authority of Singapore (MAS) Warns: Crypto is ‘Highly Risky’ & ‘Not Suitable for Retail Investors’ first appeared on BitcoinExchangeGuide.
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