Monetary Authority of Singapore on Crytopcurrency

The video discusses blockchain technology and cryptocurrencies, emphasizing their potential applications beyond investment. It highlights the need for regulation focused on activities around cryptocurrencies, such as anti-money laundering measures. The discussion also covers Singapore's efforts to maintain its reputation as a financial hub amidst challenges like illicit activities and financial scandals. The importance of responding effectively to such challenges to enhance reputation is underscored.

In what ways does the speaker believe Singapore's reputation as a financial hub has been affected by recent financial activities?

What is the speaker's perspective on the balance between risks and the success of Singapore as an international financial center?