Singapore Regulator Says It Will Not Tolerate Bad Crypto Behaviour

According to the Monetary Authority of Singapore’s (MAS) top fintech officer, Sopnendu Mohanty, the sector would not accept bad behavior in the crypto ecosystem. Mohanty’s remarks come amid turmoil in the cryptocurrency market brought on by the failure of two tokens from Singapore-based Terraform Labs, namely terraUSD (UST) and terra (luna…