+1.94% Bitcoin (BTC) 20059 EUR
+1.94% Ethereum (ETH) 1384.71 EUR
+0.21% Litecoin (LTC) 55.83 EUR
+0.94% B-Cash (BCH) 121.45 EUR
0.00% Ethereum (ETH) 0.0697001 BTC
-1.48% Litecoin (LTC) 0.00281285 BTC
-0.65% B-Cash (BCH) 0.0061307 BTC
+1.61% Bitcoin (BTC) 19400.6355 USDC
+0.38% USD Coin (USDC) 1.03 EUR
+1.71% Bitcoin (BTC) 19408.968 USDT
+0.34% Tether (USDT) 1.03 EUR
+0.34% Chainlink (LINK) 8.17 EUR
-1.56% Chainlink (LINK) 0.00041158 BTC
-0.51% Dogecoin (DOGE) 0.06 EUR
-2.71% Dogecoin (DOGE) 0.00000322 BTC
0.00% Uniswap (UNI) 6.02 EUR
-1.86% Uniswap (UNI) 0.0003035 BTC
-0.74% Cardano (ADA) 0.46 EUR
-2.65% Cardano (ADA) 0.00002351 BTC
+0.25% Tron (TRX) 0.06 EUR
-1.56% Tron (TRX) 0.00000314 BTC
-1.36% Shiba Inu (SHIB) 0.00001156 EUR
+4.39% Zcash (ZEC) 60.37 EUR
+2.72% Zcash (ZEC) 0.0030502 BTC
-1.65% Basic Attention Token (BAT) 0.000016 BTC
+2.20% TradeFlow (TFLOW) 0.05237567 BUSD

Singapore's Central Bank Asks Crypto Firms to Submit Business Data


The Monetary Authority of Singapore (MAS), the country's central bank, has asked some digital asset firm to submit data about their business activity, Bloomberg reported, citing people with knowledge of the matter.


The central bank is set to make changes to its crypto regulation policies following the collapse of Singapore-based crypto hedge fund Three Arrows Capital and Singapore-registered Terraforms Labs and Vauld.

Last month, MAS had asked some digital asset companies for their business-related data, including top tokens owned, top lending and borrowing counterparties, amount loaned, and top tokens staked via decentralized finance protocols, according to the report.


MAS had said that it is looking to bring in stronger safeguards to protect the retail customer, and was consulting the public for a stablecoin regulation.

At press time, MAS did not respond to CoinDesk's request for comment.


Source: Coindesk