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Title: Central Bank Of Sinapore.... Post by: CryptoDream2049 on October 27, 2017, 12:53:17 AM Singapore has no plans to regulate cryptocurrencies such as bitcoin, according to the head of the Monetary Authority of Singapore. However, some laws are being formalized that could apply to some cryptocurrency activities and initial coin offerings
This is interesting as I do not see the benefit for Singapore, and I would say in the near future there will be regulations in place. It just makes sense .......... Title: Re: Central Bank Of Sinapore.... Post by: Argoo on October 28, 2017, 09:13:16 AM If to the bitcoin the authorities of Singapore will apply some provisions of the law that apply to other situations, this is the regulation of the crypto currency. In addition, I would like to know whether Singapore will levy taxes on profits for operations with crypto currency? After all, this is also one of the ways to regulate bitcoin.
Title: Re: Central Bank Of Sinapore.... Post by: anasso on October 28, 2017, 09:47:07 AM Singapore has no plans to regulate cryptocurrencies such as bitcoin, according to the head of the Monetary Authority of Singapore. However, some laws are being formalized that could apply to some cryptocurrency activities and initial coin offerings This is interesting as I do not see the benefit for Singapore, and I would say in the near future there will be regulations in place. It just makes sense .......... so scammers can making ICO based in singapore and don't be disturbed by authorities! anyone who want investing in ICO need to check where is based team of this project! Title: Re: Central Bank Of Sinapore.... Post by: pitham1 on October 28, 2017, 09:52:57 AM Singapore has no plans to regulate cryptocurrencies such as bitcoin, according to the head of the Monetary Authority of Singapore. However, some laws are being formalized that could apply to some cryptocurrency activities and initial coin offerings This is interesting as I do not see the benefit for Singapore, and I would say in the near future there will be regulations in place. It just makes sense .......... so scammers can making ICO based in singapore and don't be disturbed by authorities! anyone who want investing in ICO need to check where is based team of this project! No, scammers sitting in Singapore will have to be careful when they plan their ICO. There will be laws regulating ICOs and if they try to cheat people through the ICO, they will be hauled up. So scammers will look to set up their ICOs in some other jurisdiction. |