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Violating Singapore's New Crypto Regulations May Result in Fines Up to $200,000 or Imprisonment

Published by cointelegraph.com on 5 hours ago

Violating Singapore's New Crypto Regulations May Result in Fines Up to $200,000 or Imprisonment

Singapore is intensifying its regulatory framework surrounding cryptocurrency activities. New regulations have been introduced, which impose significant penalties, including hefty fines and potential imprisonment, for unauthorized promotions and unethical practices in the crypto sector.

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