Singapore has remained bullish on the potential both cryptocurrency and Blockchain hold despite varying opinions given by governments throughout the world along with continued periods of volatility.
Cointelegraph reported Feb. 6 that MAS had confirmed it was “closely studying” crypto and and “potential risks,” but that it saw “no systemic risks concerns” and there was “no strong case to ban” them.
On the topic of volatility and profiteering, Mohanty nonetheless warned that excessive speculatory activity was “perhaps negatively impacting the whole experimentation of cryptocurrency.”
Singapore has remained bullish on the potential both cryptocurrency and Blockchain hold despite varying opinions given by governments throughout the world along with continued periods of volatility.
Cointelegraph reported Feb. 6 that MAS had confirmed it was “closely studying” crypto and and “potential risks,” but that it saw “no systemic risks concerns” and there was “no strong case to ban” them.
On the topic of volatility and profiteering, Mohanty nonetheless warned that excessive speculatory activity was “perhaps negatively impacting the whole experimentation of cryptocurrency.”
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