The action is part of a wider attempt by Singapore’s regulator to control cryptocurrency promotion to the general public. As per reports, Singapore’s Monetary Authority has moved to close crypto ATMs in the city-state.According to Bloomberg, crypto ATM executives in the nation were obliged to close their services on Tuesday to adhere to new restrictions imposed by Singapore’s central bank, the Monetary Authority of Singapore (MAS).The latest crackdown on cryptocurrency ATMs elicited various responses from the city’s crypto operators, with Daenerys & Co. expressing „surprise” and terminating its ATM facility on Tuesday evening.Deodi, its major opponent, closed down its ATM chain and dispatched staff to uninstall its crypto ATMs.The central bank issued new guidelines on Monday restricting crypto companies from promoting their services in public places, websites, and social networks.Singapore’s aversion to cryptocurrency, on either side, comes as just a surprise. Coincub, a Singapore-

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