SXT -18.74% Following Regulatory Scrutiny and Market Volatility
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最新报道：Singapore's financial regulator, MAS, has intensified scrutiny on crypto firms following the Terra-LUNA collapse, requiring stricter risk disclosures and enhanced due diligence. Major exchanges like Binance and Coinbase now face quarterly audits while new stablecoin issuers must maintain 1:1 reserves with monthly attestations. The measures aim to curb speculative trading and protect investors after Singaporean users lost over $500M in the Terra incident. MAS also plans to implement a licensing framework for DeFi platforms by Q2 2023, focusing on anti-money laundering controls. Industry groups warn the regulations may slow innovation as trading volumes on Singapore-based platforms dropped 40% since June.
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