On Monday, the MAS official portal published a written response by the regulator’s head, Tharman Shanmugaratnam, to a question posed by one of Singapore’s members of parliament. The question inquired if there is data on the extent of Singaporeans’ exposure to the recent collapse in the value of the TerraUSD Classic (USTC) stablecoin and the Luna Classic (LUNC) token, and whether the MAS is actively considering measures to tackle similar crises.
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Source: Cryptocurrency - investing.com
