The Singapore Central Bank, the monetary authority of Singapore, has published a paper proposing regulatory measures to reduce the risk of loss to consumers from trading in cryptocurrencies. Noting regulatory measures in the public domain, Singapore's central bank said however that trading in cryptocurrencies is "highly risky" and not suitable for the general public.
However, it also said that digital assets play a supporting role in the wider digital asset ecosystem, which is why it believes it would not be practical to ban them.
To reduce the risk to consumers from speculative trading in cryptocurrencies, it believes that proper "business conduct" and "adequate risk standards" should be ensured, an official statement from the central bank said on Wednesday. To do so would require service providers of such digital assets.
When Anant Ambani made a special request to Diljit Dosanjh, the groom was thrilled to hear the singer's answer.
For the last three days, the pre-wedding celebrations of Anant Ambani and Radhika Merchant were witnessed in Jamnagar. Sunday, March 3 was the last day of this celebration, in which many special
Russia-Ukraine War: Belarus leader visits China amid tension in Ukraine
President Alexander Lukashenko of Belarus, a close ally of Russia, arrived in Beijing on Tuesday on a state visit to monitor China's response to Moscow's invasion of Ukraine. China claims neutrality
UNGA 2023: 'Democracy is in danger due to foreign interference' said Canada after jaishankar's rebuke in UN
Union External Affairs Minister S Jaishankar arrived in New York on Tuesday, days after India successfully hosted the G20 summit in New Delhi. Here he addressed the 78th United Nations General
Russian President Putin expressed grief over the Morbi Bridge accident, and wished the injured a speedy recovery
Russian President Vladimir Putin has expressed his condolences to the families of those killed in the bridge accident in Gujarat's Morbi city. So far 134 people have died in this accident. In a
PSL 2024: Khawaja Nafe's stormy innings overshadowed Sahibzada Farhan, and Quetta Gladiators registered a resounding win against Lahore Qalandars.
In the fourth match of Pakistan Super League 2024, Quetta Gladiators defeated Lahore Qalandars by 5 wickets. Gladiators achieved the target of 188 runs given by Lahore with 5 balls remaining. On
Salman Khan wept uncontrollably while remembering Dharmendra, saying, "Everyone was crying, but..."
Today marks the 90th birthday of the late actor Dharmendra. Although he is no longer in this world, he will forever reign in the hearts of his fans. Dharmendra's passing was a huge shock not only to
'India is more important than Pakistan...', former US diplomats warned Trump against messing with India
The imposition of heavy tariffs on Indian imports by US President Donald Trump has changed the relationship between India and the US in an unprecedented way.
Air Pollution: SMOG as far as you can see in Delhi-NCR, know its dangers and ways to avoid it
Crores of people in Delhi-NCR are in the grip of severe air pollution. The sky has been covered with smog since Thursday morning and people have also complained of burning eyes, sore throats along
Govinda: Bollywood actor Govinda was shot in the leg, the accident happened while keeping the revolver in the case
Bollywood actor Govinda has been shot in the leg. If reports are to be believed, the incident happened around 5 am. Govinda was leaving for Kolkata in the morning when this accident occurred. It is
Coimbatore Car Blast: Suicide engineer wanted to blow up temple a day before Diwali, NIA's big disclosure
The NIA has made a big disclosure about the car bomb blast outside a temple in Coimbatore, Tamil Nadu. According to the NIA, the 29-year-old engineer who died in the blast was a suicide bomber.
