Today in Crypto, MS of Singapore (MAS) has already banned most of the encryption companies from foreign customer service only by requesting a license, which says it “will not be issued in general.”
Singapore emphasizes the prohibition of foreign digital code services only
The Monetary Authority in Singapore shed light on the DVS system, after a widespread panic in the industry due to a potential ban on encryption companies that serve customers abroad
In an advertisement on June 6, MAS reiterated that starting from June 30, the encryption companies “provide services only to customers outside Singapore related to digital payment symbols and capital market products symbols.”
However, the organizer warned that such licenses will only be granted in “very limited conditions”.
The agency said: “MAS has put the tape high for the license and will not generally issue a license,” noting the difficulty of overseeing external companies and the dangers of money laundering as major concerns.
The organizer added: “MAS is unable to effectively supervise these people.”
The Crypto Market noticed when MAS has set a final date on June 30 for local coding service providers to stop providing digital digital services to foreign markets earlier this month.
The new rules have already sparked a shift. The India -based Wazirx, which is based in Singapore, has announced that it will transfer its operations to Panama, shortly after MAS announced the deadline.
The failure of the encrypted events in the “basic circumstantial awareness” – krakin
The head of security in Krakin, Nick Persico, said on June 5 that the pioneers of encrypted conferences fail in “basic circumstantial awareness” and security measures, and opened themselves to exploitation by bad actors who hide in the crowd in the events.
Percoco team pointed out that laptops and phones owned by employees in the popular encryption protocols have been left uncomfortable and not guarding the tables in the events, and some attendees discussed public encryption gains while exposing their personal information.
Percoco said that basic security measures are important to Crypto pioneers where fraudsters are also attending these events, and it is easy for them to build a cover story, registration under fake characters and they seem to belong.
He added: “Crypto, in essence, is like your bank. It is very difficult to make a promise of financial freedom if priority is not given to personal security and operational security above all.”
Kraken Security Chief recommended that Crypto Conference be wary of public charging points, WiFi and “to be conservative to protect yourself and those around you” when discussing issues related to encryption in public places.
WLFI sends a letter that stopped stopping the “unauthorized” Trump portfolio-Report-
According to the World Liberty Financial (WLFI), the cryptocurrency platform supported by US President Donald Trump and his family members, a stop and responsible letter to the company responsible for establishing a Bitcoin’s Bitcoin’s brand wallet.
According to Bloomberg’s report on June 5, WLFI sent a letter to Fight Fight LLC, the company that owns Gettrummpmemes.com and fails to release Trump Mimikoin. According to what was reported, a stop notification and Desist were issued after Magic Magic Magic Magic revealed the team behind Mimikoen on a waiting list for a coding wallet that shows Trump’s name.
Donald Trump Junior, the president’s eldest son and “Web3 Ambassador” for WLFI, said on June 3 that Trump has a “zero participation” with the Wallet Crypto project, declaring that the group plans to start launch in the near future. The report cited a person familiar with the issue that asked not to disclose its identity because the message was not public at the time of publication.
Many legislators in the United States and industrial leaders questioned the President’s encryption projects, including his participation in the world financial freedom and Stablecoin, USD1, and a personal mechanical version that led to the dinner invitation to Trump’s Golf Club for the best 220 pregnant women.
Both posts on June 3 on Magic Eden and Gettrumpmemes that announce the wallet were still visible at the time of publication. However, it seems that Trumpwallet.com, which was already available for recording of a waiting list, is not connected to the Internet after the discontent report of the stop.
