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Crypto lender Hodlnaut will not be allowed to conduct regulated services in Singapore: MAS


SINGAPORE – Singapore-based crypto lender Hodlnaut, which on Monday (Aug 8) froze withdrawals and withdrew its application for a licence to provide digital payment token services here, will not be allowed to conduct regulated activities, the Monetary Authority of Singapore said on Tuesday (Aug 9).

This move will affect Hodlnaut’s token swap services, which have also been suspended by the beleaguered firm.



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