Singapore new legislation offers cryptocurrency firms a chance at licences to expand

Author: Eamonn Sheridan | Category: Cryptocurrency

This via Bloomberg earlier, on legislation in SG 

  • introducing new payments legislation, the Payment Services Act
  • that will offer global cryptocurrency firms a chance to expand their operations in the country - will regulate activities ranging from digital payments to trading of tokens such as Bitcoin
  • will issue operating licenses for the first time
Link here for more 

Japan is a trend setter in such legislation, 22 exchanges received licenses there since 2017. 

This via Bloomberg earlier, on legislation in SG 


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