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

Comments

  1. AnonymousOctober 22, 2018 at 10:13 AM

    Thank you for sharing with us.
    Best Crypto Wallet and Exchange
    Cryptocurrency Trading Platform

    ReplyDelete
  2. BlogJuly 12, 2021 at 8:59 PM

    Fiverr Seller Shane_Jan Shashank Shane Jain is a well known blockchain developer who is extremely gifted with Tron Based TRC 20 contracts His excellent communication skills and quick turn around…
    Shane_Jan
    Shashank Jain
    Fiverr Blockchain Developer

    ReplyDelete
  3. Blog0July 27, 2021 at 4:38 PM

    very interesting , good job and thanks for sharing such a good blog.
    Who is 630 256 8591 6302568591 If you re being spammed by them, it deserves understanding if you have an unfavorable item on your report
    6302568591

    ReplyDelete

Post a Comment

Popular posts from this blog

Notcoin Launches Major Airdrop Campaign on Telegram, Distributing 80 Billion Tokens

Image
In a strategic move within the digital asset community, the developers behind the innovative Notcoin play-to-earn project have executed a substantial airdrop. More than 80 billion NOT tokens have been distributed, with a significant majority, exceeding 90%, delivered directly to participants engaged as "miners" on the platform. Notcoin, a pioneering play-to-earn clicker game that operates via the Telegram app, announced its recent airdrop through an official press release. The initiative saw the allocation of over 80.2 billion NOT tokens to community members active on The Open Network blockchain. According to the announcement, 90% of these tokens have been designated for "miners," while the remaining 7.9 billion are accessible through the redemption of non-fungible token (NFT) vouchers. This development precedes Notcoin’s a Read more about Notcoin Launches Major Airdrop Campaign on Telegram, Distributing 80 Billion Tokens #Cryptocurrency, #Cryptomarket, #Cryptonewst...
Read more

Tether Achieves Record $4.5 Billion Profit in Q1 2024 Amid Surging Treasury Holdings

Image
Tether, the issuer of the prominent USDT stablecoin, has reported a record-breaking net profit of $4.5 billion for the first quarter of 2024. This financial milestone was confirmed by a BDO assurance opinion, which also highlighted that Tether’s holdings in Treasury bills have surged to over $90 billion. The firm's total net equity has concurrently exceeded $11.3 billion, fueled by its diversified operations. The attestation further reveals that since the final quarter of the previous year, Tether's ownership of U.S. Treasuries and net equity have experienced substantial growth, climbing from approximately $80 billion and $7 billion, respectively. Of the $4.5 billion in net profits reported this quarter, $1 billion originated from operations associated with issuing stablecoins and managing reserves. Primarily, these profits were g Read more about Tether Achieves Record $4.5 Billion Profit in Q1 2024 Amid Surging Treasury Holdings #Blockchain, #Cryptocurrency, #Cryptomarket, #Cr...
Read more

Cryptocurrency Market Fluctuates: Fear and Greed Index Drops to Fear Level

Image
The cryptocurrency market has witnessed a notable shift in investor sentiment, with the Crypto Fear and Greed Index retracting to a level of 43, the lowest since the previous October. This decline marks a substantial move from a state of greed to one dominated by fear, suggesting an increase in investor anxiety and a bearish outlook prevailing within the market. Traditionally, a score between 26 and 46 on this index indicates that fear is likely influencing market dynamics, possibly leading to more conservative investor behavior. This shift comes amid a drastic downturn in Bitcoin prices, which has significantly affected the mood among cryptocurrency traders. Only last week, the market sentiment was categorized within the greed zone, highlighting how rapidly investor emotions have changed in response to market conditions. Adding Read more about Cryptocurrency Market Fluctuates: Fear and Greed Index Drops to Fear Level #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewsto...
Read more