🗞️🇸🇬 BeInCrypto highlights Singapore's new president's stance on crypto! 📊 Tharman Shanmugaratnam, elected with 70.4% of votes, emerges as a cryptocurrency skeptic. As former Deputy Prime Minister and head of the Monetary Authority of Singapore (MAS), he's referred to cryptocurrencies as "purely speculative" and "a bit crazy." His tenure saw the 'Crypto Winter' marked by companies like Terra and Three Arrow Capital's collapse. His skepticism persisted during this period. Stay informed about regulatory perspectives worldwide! 🌐🏛️ #SingaporePresident #CryptoSkepticism #RegulatoryInsights