The 66-year-old garnered more than 70% of the vote to take over a largely ceremonial role.
Singapore's new president is Tharman Shanmugaratnam, previously the country's finance minister and central bank chairman.
While the role is largely ceremonial, the 66-year-old's experience might mean he has some influence in shaping policy related to the future of finance, including cryptocurrencies, central bank digital currencies and more.early adopter of crypto to a jurisdiction trying to find the right regulatory balance
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