The co-founder of Pundi Ai, Danny, stated that as the deadline for offshore crypto exchanges set by the Monetary Authority of Singapore (MAS) approaches on June 30, some offshore exchanges are planning to withdraw from Singapore. However, most market makers, service providers, and DeFi protocols have had a lukewarm response. Many exchange executives are choosing to relocate their offices to Kuala Lumpur, while their families remain in Singapore. There are signs of softening in commercial real estate rents, while high-end residential rents remain relatively stable. The demand for EP (Employment Pass) sponsorship is on the rise, and many practitioners are applying through local companies to stay in Singapore. Additionally, there have been some cases of improper dismissals leading to labor arbitration.
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ThesisInvestor
· 20h ago
Rug Pull~
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SellLowExpert
· 06-23 11:04
Everyone hug, Singapore has exploded.
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staking_gramps
· 06-21 16:09
Ha, the coin is going to rise again.
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AirdropHunterXM
· 06-21 16:08
They're leaving, no more updates on the policy for now.
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JustAnotherWallet
· 06-21 16:01
go-with-the-flow watching a show
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RugPullAlarm
· 06-21 15:45
The funds have fallen sharply, right? Address rug pull signal is fully pumped.
The deadline for MAS regulation is approaching, and offshore encryption exchanges are relocating from Singapore to Kuala Lumpur.
The co-founder of Pundi Ai, Danny, stated that as the deadline for offshore crypto exchanges set by the Monetary Authority of Singapore (MAS) approaches on June 30, some offshore exchanges are planning to withdraw from Singapore. However, most market makers, service providers, and DeFi protocols have had a lukewarm response. Many exchange executives are choosing to relocate their offices to Kuala Lumpur, while their families remain in Singapore. There are signs of softening in commercial real estate rents, while high-end residential rents remain relatively stable. The demand for EP (Employment Pass) sponsorship is on the rise, and many practitioners are applying through local companies to stay in Singapore. Additionally, there have been some cases of improper dismissals leading to labor arbitration.