The Monetary Authority of Singapore (MAS), the city-state's de facto central bank, is proposing changes to existing regulations that would ease market entry for blockchain-based and decentralized exchanges.
Monetary Authority of Singapore
More countries seem to be scared by the popularity of virtual currencies. As much as they could be warning their citizens in good faith its important for them to understand the currencies first.
Singapore is seeking to regulate Cryptocurrencies exchange among other platforms to safeguard its citizens
Banks are now embracing the Blockchain technology for efficiency and data security.
Once fierce rivals, Hong Kong and Singapore have come together to strengthen the FinTech ties between the two nations. More specifically, the central banks and monetary authorities of the two regions have united in order to develop a…