The Singaporean central bank put out a statement on Monday to address misconceptions in the wake of the recent collapse of crypto service provider FTX.
While putting out the regulatory measures in the public domain, the Singaporean central bank said though trading in cryptocurrencies is "highly risky" and not suitable for the general public such digital assets play a supporting role in the broader digital asset ecosystem which is why it believes it would not be "feasible" to ban them.
Singapore, August 30 (ANI): Singapore's central bank Monetary Authority of Singapore is contemplating adding frictions on retail access to cryptocurrencies through various measures including customer suitability tests and restricting the use of leverage and credit facilities for such trading.
California [US], January 14 (ANI): A new research has found that when people consume more alcohol, it can lead to more emergency room visits due to atrial fibrillation, an often-deadly heart rhythm disorder.
Chennai (Tamil Nadu) [India], November 11 (ANI): The India Meteorological Department (IMD) Chennai said that extremely heavy to heavy rainfall is likely to occur in six districts of Tamil Nadu on Thursday.