Singapore’s Central Bank Includes Bitcoin in Singular Regulation of Payments Services

in steempress •  7 years ago 

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The monetary authority of Singapore, the central bank of the country, is implementing the rules that will provide some retail payment services, including Bitcoin and Cryptocurrency under single law.
With an announcement on Tuesday, Monetary Authority Singapore (MAS) has launched a second consultation on its payment service bill, a payment regulatory network, in which law is proposed to facilitate the regulation of all payment services. Unique

Source https://www.cryptocoinsnews.com/singapore-includes-bitcoin-singular-regulation-payments-services/amp/

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