Singapore's New President, a Former Central Bank Chairman, Has Called Crypto 'Slightly Crazy'

Singapore's new president, Tharman Shanmugaratnam, who has called cryptocurrency "purely speculative" and "slightly crazy," may have an influence on shaping policies related to finance, including cryptocurrencies and central bank digital currencies (CBDCs), despite the largely ceremonial nature of the role.

coindesk.com

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9/1/2023

Indian-origin Tharman Shanmugaratnam becomes president of Singapore

Tharman Shanmugaratnam, a distinguished economist, has been elected as the ninth president of Singapore, becoming the third Indian-origin person to hold this position.