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Crypto crisis: Singapore vows to be ‘unrelentingly hard’ on digital currency sector

Singapore vows to be ‘unrelentingly hard’ on crypto

But crypto exchanges including Bybit and Binance have shunned the city-state in recent months as the MAS started rolling out increasingly restrictive rules. Mr Mohanty was speaking as South Korean prosecutors narrowed in on Singapore-based Terraform Labs, the company behind the collapsed stablecoin terraUSD and its twin token luna.

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