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

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:)