Singapore wants to lead in crypto, not K-Pop pensions


The Monetary Authority of Singapore, which had previously allowed Bitget, a popular digital exchange, to issue tokens to Singaporean investors pending full licensing, suspended that privilege last month. 7, the Financial Times reported on Sunday. The exchange attracted controversy by promoting Army Coin, whose goal is to “take care of BTS members for life.” Hybe Co., the company that manages the band’s public trading, was not amused by the unsolicited offer and has threatened legal action, according to the FT.

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