SINGAPORE — Singapore is unlikely to go down China’s path in imposing a sweeping ban on cryptocurrencies, however will work to make situations extra stringent for traders who want to speculate on the digital tokens for revenue, together with presumably setting leverage limits.

The town-state’s central financial institution chief on Monday signaled this stance as crypto communities and corporations keenly watch the Asian monetary hub’s subsequent strikes on regulation for the digital tokens sector, amid the collapse of digital asset gamers with the autumn of coin costs this 12 months.