Monetary Authority Of Singapore May Limit Retail Participation In Cryptos, Bitcoin Rises
— Implement regulations, Profit, 78 per cent, Scarce conditions, Limit, Avax, Uniswap, Mas, Gain, Participation — 1 min read
Monetary Authority of Singapore contemplating introducing further safeguards on access to cryptocurrencies to the general public. The central bank may "place limits on retail participation" and implement regulations on the use of leverage in cryptocurrency transactions. Bitcoin holds new support slightly above $20,000 and other cryptos traded flat over the weekend. A world-first crypto water token has been introduced by H2O Water Securities, a South African firm. H2ON (Water Network) is a way to raise money to fund international water projects, it was reported. The global crypto market capitalisation went up by 6.43 per cent to $909.69 billion as of 9 am on Monday. Bitcoin (BTC), the world’s oldest cryptocurrency, was trading at $20 Source