- The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine.
- The reminder comes after researchers established that pro-Russia activists have raised millions of dollars in digital assets to support its war effort.
- The statement comes after recent studies found that pro-Russian groups have received crypto donations worth millions of U.S. dollars to fund Russian military operations in Ukraine.
Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says
