Today news
Donald Trump
Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan. The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He bought the Miss Universe brand of beauty pageants in 1996, and sold it in 2015. He produced and hosted The Apprentice, a reality television series, from 2003 to 2015. As of 2020, Forbes estimated his net worth to be $2.1 billion.[
The same in other media
Russia city Moscow Singapore city Singapore Ukraine reports information Russia city Moscow Singapore city Singapore Ukraine

MAS reminds cryptocurrency exchanges in Singapore to comply with sanctions against Russia

Reading now: 287

SINGAPORE: Cryptocurrency exchanges licensed to operate in Singapore must comply with financial sanctions against Russia, the Monetary Authority of Singapore (MAS) said on Monday (Oct 31), after research found that pro-Russia groups have raised millions of dollars in crypto donations to support Moscow's war in Ukraine.In March, following Russia's invasion of Ukraine, MAS introduced financial measures targeted at designated Russian banks, entities and activities in Russia, as well as fundraising activities benefiting the Russian government."These measures apply to all financial institutions in Singapore, including digital payment token service providers (DPTSP) licensed to operate in Singapore," the central bank said in response to queries from CNA.MAS did not say if it has received reports of exchanges operating in Singapore being used to donate cryptocurrency to pro-Russia groups, but stressed that DPTSPs must have "robust controls" to avoid dealing with sanctioned banks and prohibited activities."For instance, DPTSPs have to perform customer due diligence to identify and verify the identities of their customers and the customers’ beneficial owners, and screen their customers and their transacting counterparties," a spokesperson said."DPTSPs are also required to have robust ongoing monitoring to detect potential attempts to evade the prohibitions, for example, identifying transactions that have used technologies with anonymity features (such as mixers and tumblers) to obfuscate the identities of counterparties."Singapore has welcomed the adoption of cryptocurrencies as they play a supporting role in the broader digital asset ecosystem, but it has tightened regulations after calling the trading of these assets "highly

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News