Singapore advised that service providers should only market their wares on their own websites, apps or social media.
Singapore has cracked down on crypto marketing in a bid to curb a frenzy of retail trading in risky digital assets.by the Monetary Authority of Singapore on Monday, the regulator said"the public should not be encouraged to engage in the trading of [digital payment tokens ]."
ATMs which deal in digital currencies will also be banned. "Such convenient access may mislead the public to trade in DPTs on impulse, without considering the risks of trading in DPTs," the announcement said.
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