From Thailand to South Africa, regulators tighten their grip on crypto: Law Decoded, July 3–10

by Aurelia Butler 10 July 2023, 21:40 189 Views

The Monetary Authority of Singapore announced new requirements for crypto service providers to hold customer assets in a statutory trust by the end of 2023.“This will mitigate the risk of loss or misuse of customers’ assets, and facilitate the recovery of customers’ assets in the event of a DPT [digital payment token] service provider’s insolvency,” the authority says.

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Source: Cryptocurrency - investing.com

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From Thailand to South Africa, regulators tighten their grip on crypto: Law Decoded, July 3–10

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