Former MAS chair who called crypto ‘highly risky’ wins Singapore’s presidential race By Cointelegraph

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Tharman Shanmugaratnam, former chair of the Monetary Authority of Singapore, has won the election for the city-state’s presidency with more than 70% of the vote.

According to multiple reports from Sept. 2, Shanmugaratnam defeated presidential candidates Ng Kok Song and Tan Kin Lian to become the next president of Singapore with roughly 70.4% of votes. He will be sworn into office on Sept. 14 — less than two weeks after the election.

Tharman Shanmugaratnam’s presidency victory announcement on Sept. 2. Source: Facebook (NASDAQ:)