28 October 2022
Weekly Wrap Up: MAS proposes banning cryptocurrency credits
The Monetary Authority of Singapore is seeking feedback from the public with regards to the proposed safeguards to reduce the risk of consumer harm from cryptocurrency trading as well as to support the development of stablecoins as a credible medium of exchange in the digital asset ecosystem.

Daniel Lo, Chief Legal Officer, Cake DeFi shares how this might impact our cryptocurrency scene.

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