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Singapore Fires Compliance Warning at 8 Crypto Exchanges, Orders an ICO to Halt Sales

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Singapore Fires Compliance Warning at 8 Crypto Exchanges, Orders an ICO to Halt Sales

Singapore Fires Compliance Warning at 8 Crypto Exchanges, Orders an ICO to Halt Sales Singapore’s central bank said today, May 24, that it had issued a warning to eight cryptocurrency exchanges over securities compliance and ordered an ICO to stop issuing tokens. In a press release, the Monetary Authority of Singapore (MAS) reiterated operators in the city-state “are responsible for ensuring that…

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