Big news from Singapore about cryptocurrency! The government is really worried about people getting scammed using digital money like Bitcoin. They're thinking of adding a new punishment for scammers – caning!
- Scammers are using crypto to trick people out of their money.
- Last year, crypto scams caused a huge amount of financial losses.
- Singapore is considering adding caning as a punishment for these crimes.
- A new law will help protect people from scams.
| Fact | Number |
|---|---|
| Percentage of fraud losses from crypto scams in Singapore last year | 25% |
