Singapore ups crypto exchanges risk factor in update to AML/CFT laws
The update aims to prevent terrorist groups and organizations from exploiting Singapore’s economic openness as an international financial, business and transport hub.
![Singapore ups crypto exchanges risk factor in update to AML/CFT laws](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDcvZjI0ZDc2NTUtZTFlMy00OGVlLWE0ZTQtMmUyODNmYTgxZWI2LmpwZw==.jpg?#)
The update aims to prevent terrorist groups and organizations from exploiting Singapore’s economic openness as an international financial, business and transport hub.
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