🔍 Singapore's Money Laundering National Risk Assessment has raised the red flag on digital payment token (DPT) service providers. These virtual asset services are now in the high-risk category, despite their small global presence. The report also points out that banks, with their high-volume transactions and risky customers, are prime targets for criminal exploitation. But don't worry, Singapore isn't taking this lying down! They're keeping a close eye on the situation and even planning to tweak their Payment Services Act to better regulate these DPT service providers. Stay tuned for more on this crypto soap opera! 🎭