Sopnendu Mohanty of the Monetary Authority of Singapore (MAS) has claimed that cryptocurrency “speculators” are destroying the potential of Blockchain. Mohanty says the MAS is experimenting with Blockchain to find a “use case” but that the soaring value of digital currency is bringing on additional regulatory scrutiny.
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Singapore Agency Claims Cryptocurrency Speculation “Destroying” Blockchain Potential
Cover image via u.today
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