Singapore officials have warned people chasing digital investment opportunities to exercise caution and participate ‘responsibly’. Photo: Dreamstime/TNS
Singapore officials have warned people chasing digital investment opportunities to exercise caution and participate ‘responsibly’. Photo: Dreamstime/TNS
Singapore

Singapore officials urges caution on cryptocurrencies after scams raise questions in parliament

  • Singapore has expressed a desire to become a hub for cryptocurrency and financial technology, but officials are proceeding with caution
  • MPs have warned of Singaporeans losing tens of thousands of dollars to scams such as one ‘gaming craze’ called Neko Inu

Topic |   Singapore
Singapore officials have warned people chasing digital investment opportunities to exercise caution and participate ‘responsibly’. Photo: Dreamstime/TNS
Singapore officials have warned people chasing digital investment opportunities to exercise caution and participate ‘responsibly’. Photo: Dreamstime/TNS
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