No Strong Case to Ban Crypto Trading, Singapore Says

in cryptocurrency •  7 years ago 

No Strong Case to Ban Crypto Trading, Singapore Says

The Monetary Authority of Singapore has been studying cryptocurrency developments and there is no strong case to ban crypto trading, a high-ranking government official told lawmakers. The adoption of regulations in other countries in the region has increa...

Read more: news.bitcoin.com

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this is so good! we really needed a boost from the past month of bad press/news.

with this and the focus the senate put on crypto we have only bright times ahead! great articel!

followed!

We are finally getting some good news after all the FUD spread by the media.

Singapore is with us! Now where is that again? ;) upvoted!

I hope the media is not over-hyping people right now. The whales might take their profits up again and catch retail investors off guard.

What the govt actually means - 'we haven't found a strong reason to ban, once we do we'll threaten to ban it unless it's taxed heavily'