“This newest tightening of retail entry to crypto must be no shock to anybody following the Singapore market,” mentioned Angela Ang, Senior Coverage Advisor for blockchain intelligence agency TRM Labs and former MAS regulator. “MAS’ choice to carry again on sure proposals, comparable to requiring an impartial custodian for buyer belongings, reveals it’s listening to the business and is delicate to sensible issues comparable to a dearth of third-party custodians.”
