Singapore will allow the circulation of cryptocurrency

Singapore will allow the circulation of cryptocurrency
The Singapore authorities are planning to introduce a cryptocurrency into the economy of the country.

This was announced by Damien Pang, the head of the department on the ecosystem and infrastructure of the financial institution of the Monetary Authority of Singapore (MAS).

MAS conducts a clear legal boundary between different types of cryptocurrency: security tokens, payment tokens, and utility tokens. Pang said that "MAS is closely following not only the underlying technology, but also their characteristics in the past, present, and ...
Read more about "Singapore will allow the circulation of cryptocurrency" on coinatory.com

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