Singapore to Regulate Virtual Currency Use Bitcoin ATMs started to popup in Singapore earlier this month, labeled as vending machines as the country does not recognize virtual currencies neither as securities nor legal tender. But that does not mean there would be no regulation for virtual currencies like Bitcoin. The Monetary Authority of Singapore (MAS) Continue reading “Singapore to Regulate Virtual Currency Use”
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Singapore will closely monitor digital currency use in the country
Singapore will closely monitor digital currency use in the country The Deputy Prime Minister and Minister in charge of the Monetary Authority of Singapore (MAS), Tharman Shanmugaratnam has announced on February 21 that MAS will be closely monitoring digital currency use in the country. In reply to the question of a Parliament member, Mary Continue reading “Singapore will closely monitor digital currency use in the country”