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CoinOtag 2024-06-20 10:25:48

$1.1 Billion Crypto Money Laundering Scandal Puts Singapore Banking System Under Scrutiny

Singapore’s banking system is facing critical examination following a $1.1 billion money laundering scandal involving cryptocurrencies. The city-state is implementing stricter regulations to combat financial crimes and enhance oversight. Authorities seized over $1.1 billion in assets linked to 10 convicted individuals and numerous suspects. A comprehensive look at how Singapore’s banking system is responding to

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