Today news
About the same in other media
Singapore to position itself as global crypto center, says regulator
Reading now: 228
The regulation of cryptocurrencies varies considerably across the globe: China has cracked down on significant amounts of crypto activity in recent months, while Japan only recently allowed specialized cryptocurrency investment funds. El Salvador, on the other hand, has accepted Bitcoin (BTC) as a legal currency.
As financial centers throughout the world seek to regulate the sector, Singapore is aiming to establish itself as the globe’s capital for crypto-related enterprises. According to Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), the city-state might have been left behind had it not gotten a head start on how to deal with cryptocurrencies.
“With crypto-based activities, it is basically an investment in a
Read more on cointelegraph.comAbout this in other media
Argentina U-Turns On Crypto Tax With New Regulation cryptonews.com /2 years ago
Peru to partner with India, HK and Singapore central banks on a CBDC cointelegraph.com /2 years ago
Peru's central bank joins global push to develop a digital currency economictimes.indiatimes.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
