Bitcoin-Friendly Singapore Considers Approving Crypto Derivatives Trading

Bitcoin-Friendly Singapore Considers Approving Crypto Derivatives Trading

Original Author: Mark Emem – Go to Original Source

Singapore has released the consultation paper on the proposed Bitcoin derivatives. Retail investors might not be allowed to trade in the crypto products. The Monetary Authority of Singapore says the move is driven by demand. Singapore’s central bank could soon authorize the trading of derivatives referencing cryptocurrency assets such as Bitcoin and Ethereum. As part […]

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Bitcoin-Friendly Singapore Considers Approving Crypto Derivatives Trading

Central Banks Settle Cross-Border Payments With Blockchain for First Time

Original Author: Yogita Khatri – Go to Original Source

The central banks of Canada and Singapore have for the first time settled cross-border payments using blockchain and central bank digital currencies.

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Bitcoin-Friendly Singapore Considers Approving Crypto Derivatives Trading

Bitcoin Scams Swindle Singapore Investors for $78,000 in 3 Months

Original Author: David Hundeyin – Go to Original Source

Between September and November 2018, a total sum of $78,000 was lost to cryptocurrency scammers in Singapore after they used a series of strategies involving spreading false information about fake investments online to attract investors. A  Straits Times report reveals that the scams were specifically designed to appeal to Singaporean residents by using well-known local personalities

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Singapore Central Bank Publishes Updated ICO Guidelines

Singapore Central Bank Publishes Updated ICO Guidelines

Original Author: Yashu Gola – Go to Original Source

The Monetary Authority of Singapore (MAS) has updated its guide for businesses that want to raise capital via initial coin offerings (ICOs). The modified draft follows up to the announcement of introducing a “New Payments Framework” made in the original draft. It elaborates the Singapore central bank’s stance on how certain intermediaries should observe its instructions

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Bitcoin-Friendly Singapore Considers Approving Crypto Derivatives Trading

Singapore: Bill Tabled to Place Crypto Payment Services Under Central Bank Oversight

Original Author: Mark Emem – Go to Original Source

A new bill which will impact electronic wallets and digital payment tokens such as bitcoin has been tabled in Singapore’s parliament. The Payment Services Bill will place the providers of payment services that are not under the regulatory oversight of Money-Changing and Remittance Businesses Act and the Payment Systems Oversight Act under the umbrella of

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