Let's go to Singapore! We can pay with Btc there.

[much_word]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

[1715079819]

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[lyks15]

Woow that's great. All we know that Singapore is a progressive country and many tourist attraction you will find in this country . And because it is progressive or we can say that Singapore is a rich country it is also a high cost living country . If I'm not mistaken Singapore is next to germany in the most high cost living country in the world and imagine if you can use bitcoin in that country you are perfectly seat and relax confartable. Because if you are already save bitcoin before you go there you can surely enjoy every facilities because you can use your bitcoin as a payment.

[Oniko]

Cool! I am glad that we can pay for services and goods using cryptocurrency.

I'm going to go to Singapore in March 2019 and I will be happy to test this service.

[dothebeats]

The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

This is a great news and all for the people of Singapore, but how exactly would a single, domestic regulatory framework concerning bitcoin and cryptocurrencies prevent terrorists from using the said crypto and funding themselves to further their agenda? Money laundering too, would still exist despite the said regulatory green light for transactions concerning crypto. They can easily prevent using crypto within Singapore and evade the said regulations, easy as that.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

In part it's good to slowly introduce new fintech to the masses as over time, we will be shifting over to digital currencies and it's also an inevitable future. Giving a go signal for people and merchants to freely use cryptocurrencies is actually a good thing as it alleviates the fear of the masses over innovation and the advancements we made in the last couple of years.

[bellamente]

Singapore following Japan takes the legal framework for the validity of cryptocurrencies. This is a very positive sign for Bitcoin. I think many investors will view this news as a signal to buy.

[cpoer2011]

I am not surprised about it because I knew that Singapore is one of the countries that legalize the cryptocurrency especially Bitcoin. So, that's mean we can use Bitcoin in Singapore for any kinds of business. I hope it will follow to other countries.

[giantrobot]

Singapore is a progressive and modern country. Their acceptance of electronic money is understandable. I think the reason is that they have good infrastructure and have secure network security against hackers. However, I wonder if the Singapore government has issued some rules for electronic money.

[avikz]

Indeed it's a great news! But there are reasons for Singapore to create a regulatory framework for cryptos and accept it within their economy!

Being one of the smallest countries in the world, Singapore doesn't have land to create manufacturing industries. These kind of industries are the main recruiter for the masses. Without the presence of such heavy industries in Singapore, they always have to rely on financials industries based on innovation which can ensure a steady cashflow to their citizens!

Crypto industry is fulfilling this exact gap. Being a new technology related to finance, cryptos have enormous potential to grow a business around it. Singapore wants to encash themselves exactly in this point.

I hope other countries will soon understand the potential and start adopting cryptos within their economy! But looking at the current situation, the effort may see a slowdown for next few months!

[Babyrica0226]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

This is a great news, actually I have a fiancee who worked there and I am planning to visit here this December before Christmas.
So, I think even I am here in my country I send here a bitcoin in Singapore using the exchange platform they have in there. Meaning, they also have a merchants there who is bitcoin accepted too as payment.

[fosco333]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

That is really a good news for me because i often go to singapore. The most thing i like in singapore is the transportations.
MRT is my usual transportation. If we can use crypto to pay riding MRT, then it will be a good thing because can create more public awareness about cryptocurrency. And yes, it is a good idea in my opinion if cryptocurrency introduced in many countries financial system.

[Om.monata]

it's a good idea if indeed the concept can provide benefits, it's time if crypto now has to be able to connect with banking and that will provide many benefits and make an example for many countries.

[carlabellington]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

It is an excellent idea!! cryptocurrencies starting to be accept in many countries.

[DigitalCyberius]

Although it's great to the extent of having different options available... if all money were to go the way of crypto, particularly centralized crypto, you could be singled out for whatever reason (like your political preferences, your beliefs, or thoughts or words deemed unsavory by someone in power) and have your financial abilities completely paused. The Bible actually foretells of such a controlled financial system in the end times in the book of Revelation.

Long and short of it, love options, but would hate it to be a gateway to a totalitarian system.

Have a great day,
The Cyberius team

[blocklancer8]

Wao, this is very good news to hear. Singapore is a developed country and it is quite wise to develop cryptocurreny, of course there will be many people going on vacation to Singapore, this is rich in tourism. And for people who want to commit crimes such as terrorism and money laundering, the government should establish strong security so that later they will not be conceded.

[rosezionjohn]

Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Wasn't this the goal?

It feels good to be finally reading something worthy about cryptocurrencies. This sounds positive for bitcoin and crypto as a whole but some may still oppose this idea as it appears that the Central bank will be the regulatory body here.

[btyco]

This is why kucoin has managed to secure 20 million dollars in funding, it's going to be the next binance led by a crypto boom in singapore. Much safer than trading in hong kong

[muslol67]

There are several country which you can use Bitcoin or other crypto money in the world. Actually, I've red a news and review about some ICO's. They are related exact this point. We have to find a solution FIAT-Crypto-FIAT transaction. And we have to find it quick way. I mean, If I want to pay with my crypto wallet, I can use it. Wallet provider should trade at that moment and it should pay with Fiat or Crypto (which want seller get payment). So then we can talk about payment. Other way, I guess, payment with BTC can always be limited.

[20kevin20]

This is a great news and all for the people of Singapore, but how exactly would a single, domestic regulatory framework concerning bitcoin and cryptocurrencies prevent terrorists from using the said crypto and funding themselves to further their agenda? Money laundering too, would still exist despite the said regulatory green light for transactions concerning crypto. They can easily prevent using crypto within Singapore and evade the said regulations, easy as that.

In part it's good to slowly introduce new fintech to the masses as over time, we will be shifting over to digital currencies and it's also an inevitable future. Giving a go signal for people and merchants to freely use cryptocurrencies is actually a good thing as it alleviates the fear of the masses over innovation and the advancements we made in the last couple of years.

I believe the terrorism, money laundering etc is used as a reason to implement those regulatory frameworks which, in the end, make those govs happy by having more control over us. Let's be honest and see the real part of the deal here.. I mean, if someone did a research on how much of the BTC volume is being used for money laundering and criminal activity, we'd be surprised to see how low the percentage would be.

It's just like the decentralized exchange thing SEC said about EtherDelta recently: EtherDelta should be registered as an exchange. If it's decentralized, registering it as an exchange contradicts its purpose. I honestly don't believe the "criminal activity" part any government says when it comes to Bitcoin and cryptocurrencies. Control, control and more control...

[buwaytress]

What happened to borderless digital currency? Don't need to go to Singapore to use Bitcoin, it's available to be used in 100% of the world's countries, if not 100% of the geographical locations throughout, limited by network connectivity is all;)

Hell, if countries that tried banning Bitcoin still can see users and traders on P2P platforms, shouldn't this be enough proof to show that any attempt to make it illegal won't work? That's the beauty of this thing.

[dvdrewritable]

This is an amazing and great news everybody we know Singapore is one of the progressive and extreme modern countries in the world and every day a huge number of tourists come to visit this country and now tourists who use bitcoin they can make payment through bitcoin it is a wonderful idea to develop of bitcoin indeed.

[Dudeperfect]

It's great news but still, I would prefer to stay in my country and work for building awareness regarding blockchain and cryptocurrencies because, at the end of the day, decentralization is all about uniformity and I am sure that we would like to see 'Bitcoin accepted here' boards across the globe and not just in any single country. I hope that other governments will take some inspiration from such a country and build a sustainable user-friendly crypto ecosystem.

[Kemarit]

Well Singapore has been supporting a lot of ICO's lately and so I'm not surprise by their moved. And remember that Singapore remains one of the center for IT hubs, so there's a lot of technically inclined people in that nation including lots of expats and migrants workers who basically was there for IT jobs. And yes, Bitcoin is supposedly is borderless crypto, so there's no need to travel there. Unless you're in a country wherein your government took a hard stance against crypto then it make sense to go there as safe haven or if you're really pursuing to be a crypto investors. But still, this is very welcoming for crypto enthusiast around the world.

[SistaFista]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Actually you can go to some places in the world and using btc as payment, even there are bitcoin ATMs in some countries.
If Singapore will regulate cryptocurrency payment services, i think the south asia countries around Singapore will following in the future which is a good thing.

[X-Infinity]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Yes it is definitely a good idea to introduce cryptocurrencies in the financial system. Although Singapore is now open to cryptocurrencies, the rest of the world may not be following closely. X Infinity is a Singapore based firm that caters to people who want to freely spend their cryptocurrencies anytime and anywhere without barriers. This is possible as X Infinity created a MasterCard that stores cryptocurrencies allowing users to withdraw fiat cash from ATMs or purchase regular items from any merchants accepting MasterCard. Check it out! http://www.xinfinity.io

[Ragnar143]

great news...! technology doesn't have borders. i think in future btc will spread widely.

[ict]

this is good news. one member of the Southeast Asian country was able to implement crypto currencies for financial transactions. this can be an example for Asian countries, especially the Southeast Asia region. in that country there will be more and more tourists visiting because of the ease of access in transactions and providing various ways to transact for the convenience of all those in the country. this will improve their economy.

[coinholic]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Cryptocurrency will eventually penetrate the monetary system around the globe. This will certainly take time for  adoption but it is inevitable. A cashless payment system has been planned for decades. Something only a few actually have knowledge about. Personally, I perceive this to be scary because this has been foretold in Revelations. But if it is destined to happen, then we just have to embrace it.

[Vladislav2306]

Of course it is a good idea to introduce cryptocurrencies in the financial systems of the world's countries. But we have anonimous coins with the help of wich people can continue money laundering and terrorism financing.

[dupee419]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

It definitely is a good idea in introducing CRYPTOCURRENCIES in the financial systems of every country, and might as well introduce it on public as it will be good news to the citizens, however a lot of countries are still having negative thoughts since it is DECENTRALIZED and aside from that they have their own reasons on why they don't want cryptos to enter on their countries, and for Singapore, I think that with a great country like SG I think that cryptos would be delivered professionally and that people would definitely use it as Singapore is a country that is very familiar with technology and is a country that embraces technology and might as well Bitcoin and the whole cryptocurrencies.

[mistletoe]

As much as i want cryptocurrency to be used as a form of payment for my daily life, thinking about how volatile and unpredictable crypto is, I'd rather hold them than use them to buy anything. I mean for sure y'all heard about the guy who bought a pizza for 1k bitcoins. Imagine if he did not use it to buy that pizza and just hold on it..
But hey, this still a great news cuz that means it's popularity will increase. A good start it is.

[Qwerty0524]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

I also think that the future of banking is in the ideas that are moving forward in our time

[kkaroul4]

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

nice, hope btc payment accepted onother country and make it bullrun quickly

yes, I hope because with so many countries that want to adopt bitcoin, bitcoin will also quickly experience price increases because with the help of government support, so with Singapore countries already wanting to adopt bitcoin, hopefully the country next to them can adopt bitcoin as soon as possible

[cleygaux]

Congrats to Singapore for regulating crypto payments, So many good news happening in cryptocurrency world while market is still plummeting everyday and not even affected by this great news? I smell something weird about the market status some months ago whenever good news is coming btc is also climbing while now its even falling think about this something will come next year be ready.

[Indamuck]

Singapore has become one of the most business friendly places in the world with their low taxes and open policies.  They have one of the richest populations because of the economic freedom they provide.  Unfortunately, living there is quite expensive so a normal working person would have a really rough time there.

[BCTalkaccountforsale]

Everyone knows that Singapore is a booming country and that it is legally permitted to use Bitcoin so the use of Bitcoin in Singapore is very normal. I will arrange work and come to Singapore to experience Bitcoin comfortably.

[burky156]

Great news! I had heard about the Singapore's cryptocurrency situation last month and i am happy for them. I wish we have the same condition in my country. But i am sure this will be great example for the other goverments. If Singapore goverments could do that every goverment can do the same.. We wait for the good news from other goverments..

[aliceHortrex]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

The introduction of cryptocurrencies on a legitimate basis in the middle and upper class countries should be implemented as soon as possible. As soon as cryptocurrencies become official, their rate and volatility will finally become stable and trade and investment will become more secure and predictable than now. I definitely for what would legalize bitcoin.

[riso2015]

Great news! I had heard about the Singapore's cryptocurrency situation last month and i am happy for them. I wish we have the same condition in my country. But i am sure this will be great example for the other goverments. If Singapore goverments could do that every goverment can do the same.. We wait for the good news from other goverments..

Yeah other Governments should make this as an example to apply in his country. Singapore is very friendly
to Cryptocurrency so that the community there is higher science technology rather than other countries.

[Muzika]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

I dont think that it can lessen the money laundering and terrorism somebody are still free in using cryptocurrency and also it is only singapore who regulate it, meaning how about the other countries who still no regulation about the crypto.

[teejayrichard2]

this is the best news i have seen this week on cryptocurrency. I am glad that despite the fake news and all the battles on cryptocurrency and bitcoin, more countries and companies are adopting its use. that goes to show bitcoin has come to stay and will definitely get stronger

[triciaa478]

Singapore adoption of cryptocurrency is evident as the ICOs that has sprung out of that country is so enormous. But what do you think people will be entering singapore just because they want to consume their bitcoins?

[thankyoulord]

this is good for the cryptocurrency community. it goes to show bitcoin and cryptocurrency use is getting stronger, spreading across the globe. soon every corner in the world will be buying and selling with bitcoin and other cryptocurrency

[IndigoRed]

What happened to borderless digital currency? Don't need to go to Singapore to use Bitcoin, it's available to be used in 100% of the world's countries, if not 100% of the geographical locations throughout, limited by network connectivity is all;)

Hell, if countries that tried banning Bitcoin still can see users and traders on P2P platforms, shouldn't this be enough proof to show that any attempt to make it illegal won't work? That's the beauty of this thing.

My thoughts exactly. Cryptocurrencies being digital, are already designed to be used anywhere, regardless of location. This reminds me of the new crypto Virie which describes it distributed exchange network as a “market without borders.” And I think that captures what crypto should be.

[goldreset]

Singapore is a great place and it is a good thing they plan to move with time ahead of many. Am sure more business will begin to adopt cryptocurrency in Singapore!

If all the major cities in the word are in tune with cryptocurrency, it will be very exciting.

[apilpirman.bisnis]

Singapore have accepted bitcoin there ? Nice information and we can go there by using bitcoin for payment transaction, we know Singapore is the most popular country for travelling and nice have bitcoin as payment transaction.

[Omparkash72]

If this is true then this would be great for crypto currency future and also for the people who join with bitcoin and a part of crypto. it is also be the begining for other country to think about this latest technology and use this in their country also.as far my opinion this is good for bitcoin as well as for us.

[anshkumandhan]

It's great because Singapore is a progressive country or we can say that Singapore is a prosperous country. And after japan, Singapore takes legal framework for the crypto currency,especially the legality of bitcoin, it is a positive sign for bitcoin. This means that we can use bitcoin in Singapore for any type of business.

[rain3798]

I just wanted to ask, why do we need to go to Singapore just to use the BTC for payment? We can exchange it on our own type of money in your own country. Another one is that if the bitcoin will going to use for payment then what about the price of the bitcoin in the market which changes everyday. For example a In 0.005 BTC you can already have a family size meal, then after a 4 or 5 days your 0.005 BTC for a family size meal is now only good for meal of a single person?. It makes me really curious on how Singapore took care of the changes in price of btc although it was really a good thing that they are open and accepting BTC.

[Mhd-Bobbi]

Woow that's great. All we know that Singapore is a progressive country and many tourist attraction you will find in this country . And because it is progressive or we can say that Singapore is a rich country it is also a high cost living country . If I'm not mistaken Singapore is next to germany in the most high cost living country in the world and imagine if you can use bitcoin in that country you are perfectly seat and relax confartable. Because if you are already save bitcoin before you go there you can surely enjoy every facilities because you can use your bitcoin as a payment.

Of course this is progress for Singapore, Singapore is very high-income and has potential including developed and developing countries, but it is not yet known whether the use of bitcoin has been legalized or not by the government in Singapore.

[tungaqhd]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

We have some Bitcoin ATMs and crypto stores in VietNam too You can buy an coffee and pay with Bitcoin or cash your coin anytime.

[Peacemaker1994]

It good to know bitcoin is accepted as a medium of payment in Singapore but Singapore won't Be the only country that support cryptocurrency the world is adopting the system very fast

[nicster551]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Even in the Philippines you can now pay using Bitcoin, but somehow I don't see a good thing to use Bitcoin as payment since its price could go down as much.

[1993jochico]

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Of course it is a good idea but I think it still a long run for the crypto currency to dominate every countries currency but in time will come that this will happen.

[bdc2343]

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Of course it is a good idea but I think it still a long run for the crypto currency to dominate every countries currency but in time will come that this will happen.

That's a good idea. I know it takes a long time for bitcoin to do that as you say, but our first job is to promote the BTC as much as we can about the positive aspects of BTC's profitability. BTC can do it better in the near future .

[nickvesion]

Cool! I am glad that we can pay for services and goods using cryptocurrency.

I'm going to go to Singapore in March 2019 and I will be happy to test this service.

Me too, i also have plan to go to Singapore next year, this is a really good news for bitcoiners like me.

[Periodik]

Actually, there are so many Asian countries where you can use your Bitcoin as payment. In fact, not just Bitcoin. Aside from Singapore, you can pay with cryptocurrency in selected restaurants, stores, and other business establishments in other Asian countries such as The Philippines, Thailand, Japan, Hongkong, and some more. However, there are limited business establishments that accept cryptocurrency. We need more of these.

[Blocktopian88]

I would rather wait for some time to see if this could run steadily, because not so long ago I read a report, it said in Singapore people were sitll accustomed to using cash and credit card. To stay the least, before bitcoin, mobile payment is more convinient to use, however, it took time to expand, it also needs support from merchants.

[Gabah56]

that's very good news bro. but for now I still don't have time to travel abroad. because I will use the money I have for additional investment capital.

[eann014]

It is very expensive to go to Singapore and to live there because the cost of living is also expensive so, it is better to stay at home than to go to Singapore. I can still use my btc here and I can withdraw my own btc here and will be converted to fiat to pay on some stuff or food that I would buy here.

[bajingluncat]

good news, I know Singapore is a supporting country for crypto currency, which should be emulated, at least by ASEAN countries, the right choice, there is no point in rejecting and opposing butcoin, it is better for the state to make regulations to minimize negative effects, change to be better it needs to be done so that our lives are more advanced

[sinkfish]

its about time, i know Singapore government are always supportive to crpyto industry. they could be the leading country in crypto among Asean country.

[Golftech]

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Of course it is a good idea but I think it still a long run for the crypto currency to dominate every countries currency but in time will come that this will happen.

Even it would take more years but if things happen all around the world, for sure we as early adopters will be the beneficiaries of this chain, our investment will grow really high, we just need real usage and real adoptions coming from different venue of our society, can't wait to see more and more countries that will be added to the list of government who already allowed crypto being used inside their jurisdictions.

[bitfocus]

a lot of people visit Singapore every year and Bitcoiners will love to use their crypto there, a very good decision!

[panganib999]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Not a thing to be shocked on country like singapore anymore, i've seen what that country is capable of i've been there for a month and it feels like home to me the technology is fascinating and living is easy and fun. But for now im not interested on bitcoin payment or by any means because of happening in the market my $200 could be a $1000 worth in the future because of bitcoin price decline.

[Amevalentine]

Cool! I am glad that we can pay for services and goods using cryptocurrency.

I'm going to go to Singapore in March 2019 and I will be happy to test this service.

I think it's a good idea and progress if Singapore is a small country already able to use Bitcoin I salute it and my country is not like Singapore

[SnapDown22]

I think it's a good thing in life besides using real money but using bitcoin is a good thing and that is what I want in my country but has not been done

[swiftbits]

Singapore is a small country but very rich based on its economy, it would be great if they implemented it well and reach its whole country once it happened it would help the bitcoin community to grow much bigger and give more value to Bitcoin.

[jerome.345]

I'm glad that cryptoadoption is finally making headway.  Aside BTC,  sometimes I use crypto to pay at restaurants in certain cities around. Hooch let's me make payments with Tapcoin at over 100k partners worldwide and that's the kind of adoption we want to see.

[Quitthis]

So many places accept BTC nothing can bring it down. Soon it will moon again

[Wingleness]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

This is an awesome news to behold. Finally the banijg sector will join the moving Bitcoin and Blockchain Trains to serve customers better and imorove speed of transactions.

[Wayan_Pedjeng]

Singapore and Japan are some of the countries that are most friendly towards crypto-currency. That said, I don't think that there are a lot many shops out there which accept Bitcoin or other crypto as a mode of payment.

[ribowo76]

It's nice to see a country, where the government strongly supports the development of cryptocurrency. In my opinion, this is a step forward taken by the Singapore government. And I believe, in the future there will be more and more countries that make policies like Singapore

[hahay]

It's nice to see a country, where the government strongly supports the development of cryptocurrency. In my opinion, this is a step forward taken by the Singapore government. And I believe, in the future there will be more and more countries that make policies like Singapore

Yes, if the development there is good about crypto which is even adopted by the central bank, then I am also sure that many countries will follow these steps, developments which include being able to improve the economy, minimize money laundering etc. If this continues to grow well in countries that have adopted bitcoin, then in the future bitcoin will become more legal throughout the world.

[Naughty Princess]

I am not surprised about it because I knew that Singapore is one of the countries that legalize the cryptocurrency especially Bitcoin. So, that's mean we can use Bitcoin in Singapore for any kinds of business. I hope it will follow to other countries.

That is great. That is the country where I want to visit. Good to know that bitcoin is accepted there which do not need to change with their currency. It is more convenient to go there without any hassle and bring extra amount with the digital wallet also. It is exciting to go on places that really accepts crypto legally and even here in my country some stores accepts it either.

[bayu7adi]

this is like marketing done by some people who are pro with bticoin, by giving access to society easily, it will enable everyone to feel how great blockchain and cryptocurrency technology is
in this way, maybe people can begin to feel the benefits easily and of course when someone is interested in bitcoin as a means of payment, maybe their store starts to be able to adopt bitcoin as a means of payment

[Legolass]

that's very good news bro. but for now I still don't have time to travel abroad. because I will use the money I have for additional investment capital.

It is not time for traveling, we should take this time to learn and invest more.

[sheynlee18]

I believe so it will be good if crypto is introduce in the whole world as a real fiat digital currency which can be used in a day to day basis and payments.. This will enhance the popularity of bitcoin and it will increase its price into its massive ATH same goes with other crypto... but there will be also a downside of that because I see that this will make an imbalance in the economy and system of each country because of the bitcoin holders.. Let us say that bitcoin will be a 1M$ in the future so if you have 1000 btc then thats a whooping 1B$ .. that will cause a big imbalance in an economy of a country especially if its a poor country then in result that will cause in money laundering.. Those are just my opinion but I really support BTC to be used as an official fiat for every country ... Because I believe that BTC WILL BE A WORLDWIDE CURRENCY THAT CAN BE USED IN ALL OF THE COUNTRIES WORLDWIDE WHERE YOU DON'T NEED TO BRING MONEY JUST PHONE ! ^_^

[naufals4]

yes maybe we who understand bitcoin can tell or introduce about bitcoin. like the advantages of transactions using bitcoin and other things that make this bitcoin acceptable to all people of the world

[mornabo]

It is very expensive to go to Singapore and to live there because the cost of living is also expensive so, it is better to stay at home than to go to Singapore. I can still use my btc here and I can withdraw my own btc here and will be converted to fiat to pay on some stuff or food that I would buy here.

Lol at least developed countries are starting to take into account to bitcoin. Singapore is a developed country, and the cost of living there is very expensive that's a natural thing, but occasionally it's not a problem to go on vacation there
I myself really waiting for my country to do the same thing, or I hope many third parties or vendors begin to look at bitcoin for the payment method, because it can expand their market right ?

[syberwolfen]

This is what a developed country do immediately they will implement any source if it is beneficial to the public. In most of the countries political goons have stopped cryptocurrency and they say in a simple note as it is not secure for payment. But developing countries like Singapore always welcome technology.

[shendy]

As a developing country, Singapore is indeed good at welcoming bitcoin, this is characterized by giving bitcoin space to grow well in its country. The bitcoin community in Singapore is certainly more enthusiastic and warmly welcomes this.

[Kiyokooiko]

this is a great sharing. at the bad market we can go holiday and pay for bitcoin. 

[ribowo76]

It's nice to see a country, where the government strongly supports the development of cryptocurrency. In my opinion, this is a step forward taken by the Singapore government. And I believe, in the future there will be more and more countries that make policies like Singapore

Yes, if the development there is good about crypto which is even adopted by the central bank, then I am also sure that many countries will follow these steps, developments which include being able to improve the economy, minimize money laundering etc. If this continues to grow well in countries that have adopted bitcoin, then in the future bitcoin will become more legal throughout the world.

That's right, it's the same as Japan. The government strongly supports the development of cryptocurrency, so that crypto users in the country are growing rapidly. I think that is a good process towards mass adoption

[kopijos]

Singapore is a country that legalizes crypto and it can be one of the best ways to use crypto technology, especially bitcoin. so many crypto users will benefit if they are in Singapore.

[sarfield]

An interesting news, a very helpful step for crypto lovers in Singapore, developed countries and able to manage bitcoin. One strategic cross-trade country in Asia, it would be appropriate to legalize bitcoin to be used in transactions.

[rumexx]

Because of the decentralized nature of cryptocurrency, if the world financial system incorporates the cryptocurrency it will lead to proper data management, less fraud, faster transaction, and fund security. Singapore has taken the lead by introducing cryptocurrency in their system which will be a huge success and many other countries will like to follow after Singapore's government has done a good job with the experiments.

[carlisle1]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

here in my country bitcoin and few exchanges for it are already registered with Central Bank only years ago but still it is not totally introduced as a new medium of payment. The authority still wants to keep an eye to it and manage the risks involved however it is already accepted in some restaurants in selected places. It is a Good News that one of the progressive country in the South East Asia already introduced bitcoin and is accepted as new way to pay services, I am looking forward that my country will be on the same acceptance of the cryptocurrencies.

[Aponkye1]

Well it is great that some countries like Singapore have allowed transactions to make payment in bitcoin even though some countries are banning the use of cryptocurrencies and its use. Using digital currencies like bitcoin to make transactions is very convenient and very secured and i believe that with time all these countries would accept payment in bitcoin.\

[leexhin]

I think it is a good place for a Bitcoin earner,
Seem's like a dream come true for the people who are earning BTC in their country,
I hope that one day I could spend my crypto in every thing that I need in my country.

[Trinity_boy]

To answer your question, yes, I believe that Bitcoin and cryptocurrencies for that matter should be accepted globally. We are almost in the digital world and someday soon, everything that we do will be digital hence cryptos will become the basis of the economic system in the future albeit there are already other countries that are accepting bitcoins aside from Singapore. Some are Japan, Philippines, Canada, China and of course some states in the US.

[sammyp]

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

While I congratulate the people in Singapore on their luck in  having crypto currencies added to their choices of payment, I see it a necessity for other countries to add crypto payments in their transactions methods. The fact is that they should legalize the use of cryptos. The decision to use cryptos should then be for the people to decide.

[drumamat]

As a developing country, Singapore is indeed good at welcoming bitcoin, this is characterized by giving bitcoin space to grow well in its country. The bitcoin community in Singapore is certainly more enthusiastic and warmly welcomes this.

Guys, it is these steps to accept cryptocurrency as payment that makes the cryptocurrency market stronger. Gradually, the number of such countries will undoubtedly grow.Even I am a resident of a completely different country happy for Singapore. The Singapore Government is Bravo.Now let all look on and envy.I'm very happy for You.Now all investors need to closely monitor startups from Singapore.I am sure that the legislation will be written for them as well.

[Kotone]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

The number 1 country in Asia when you hear the word mass adoption is Singapore. They are ever since pioneer in technologies with great potential. Chinese trade here as it is legal and open for crypto. This country is successful to throw away any investment even more skepticism about it. Be like SG!

[proTECH77]

These news should have a great positive effect on the market price and not the dip at this time. Singapore has always be my dream country to visit on my coming vacation and i hope to be there to have a memorable life by making payments with bitcoin, kudos to the CBN and all good people of SIngapore.

[abojamal]

Good and encouraging news from a country considered to be an economic tiger
A great step on the path of adoption and I hope the experiment will succeed
Adopting encryption as a means of payment is the biggest goal of all of us
I just hope that the regulations do not affect financial freedom.

[messito]

this is great news. I hope that in the future we will be able to pay even more thanks to cryptocurrency

[bandaro]

It is recognized and legalized that bitcoin in Singapore is expected to have an influence on neighboring countries. Singapore has proven that bitcoin can be one of the transaction tools.Therefore it will really help us if we make transactions there and not rely on fiat anymore.I hope this Singapore policy can trigger the use of bitcoin so that prices can become more stable.

[kotajikikox]

Glad to heard and this is another great big news for bitcoin and cryptocurrency, but the sadness side is even if there are so many good news for bitcoin they can't help it for price increase in the coinmarketca, hope this news can help for whole cryptocurrency become stable again their value.

[Valhalaa]

Glad to heard and this is another great big news for bitcoin and cryptocurrency, but the sadness side is even if there are so many good news for bitcoin they can't help it for price increase in the coinmarketca, hope this news can help for whole cryptocurrency become stable again their value.

yes i hope some county will following singapore for implemented bitcoin / any cryptocurrency support for transaction to buy something / anyelse
it make crypto more people know about it , and invest on them ,
so will make valuen on crypto more stable than before

[KnightElite]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

It is good to hear that there are now countries who are accepting bitcoin as a payment. I think the bitcoin is now becoming more popular than before because there are now many people who keep patronizing it.

[Zalura]

Cool! I am glad that we can pay for services and goods using cryptocurrency.

I'm going to go to Singapore in March 2019 and I will be happy to test this service.

the steps taken by the government of Singapore are very appropriate, seeing the potential of more and more tourists using bitcoin, the government wants to facilitate its users, this can have a very good effect on the tourism world, because with convenience like this it can be an added value for tourists, should be like this can be imitated by the state in the region, because this greatly influences the tourism business competition.

[pundit]

Sigapore is one the most developed country in Asian region, If Singapore govt has legalized the use of cryptocurrencies in financial sector then this is a good news but we need not to go to Singapore in order to use our Bitcoin, it can be used in any developing country. Many countries still not have accepted Bitcoin and it can not be used legally at any merchant site but still its being accepted by local people in lieu of local currencies due to its decentralize nature. I hope in coming few years blockchain technology and cryptocurrencies will have wide presence all over the world.

[bitfocus]

moving to Singapore just because I can use my Bitcoins there is not a good idea for me, but yes, this will help Bitcoin grow more acceptance internationally.

[Farahtenan]

If you want to prove that you really have to go to Singapore, I have heard that this news is happy and you don't need to go to Singapore, so this news will make other countries jealous and will have a positive impact. The most strategic country in the trade route and must be able to do this, and Singapore is a developed country that is able to manage bitcoin well. Following Japan's technology and intelligence so facing the bitcoin situation will be more important.

[bigdude]

Not much store accept bitcoin as a payment method but lucky for us we can easily find some BTC ATM in this tiny country.

[ardhigalau]

Wow that's really exciting news, hopefully with this other countries will follow in the footsteps of the Singapore government. I can't wait to go to Singapore and shop with bitcoin.

[gurang]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

We should also allowed it in other country because they have a also bitcoin but they can't pay it in market or etc.So that we should request or said that they should accept bitcoin.

[hardhouseinc]

Singapore is one step ahead of us if they pay with bitcoin and I think it is great for them. They are one step closer to the bigger development of crypto, the development we are all waiting for.

[towi078]

Singapore is a country that is very open to cryptocurrency. Not surprisingly, the government legalized crypto. And I think, this is a positive step from the Singapore government, in the process of globally adopting cryptocurrency

[john_nautica]

Singapore has become a pilot country for Southeast Asian countries so that countries in Southeast Asia can legally use Bitcoin. This can be one of the best moments for Singapore and Singaporeans because it can make it easier to use bitcoin

[mlsbd]

I can't open this excited news link. Singapore is a very suitable country for cryptocurrency and government make good regulation for cryptocurrency.
USA,Netherlands and also Denmark you can pay by btc to buy most of the products and you can cash money converted from using ATM.

[maryanlukuts]

Of course. Let's go. Singapore is one of the top level counties in the world. This county has a great technology. Especially, Singapore is a country that is very open to cryptocurrency. Actually, that thing is a very worthy thing to that county. Definitely, they can improve the technology, social issues and they can be found more solutions through the crypto field. So, I believe them's selection is perfect.

[basyang]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Its good idea to introduced cryptocurrency in the financial systems of the worlds because it can help to reduce rhe usage of crypto in some illegal activities or maybe it will open the door to the banks to understand the purpose of bitcoin in the economy and to used it as one of their transaction option to get better their service. For me its good to know that it use in singapore, hopefully many country will follow.

[Troy-Crypto]

Introducing crypto currency into standard financial and banking system is a progressive and smart decision. I don't think it has much to do with the tourism of Singapore rather with its industrial and IT potential. All the major companies are using Singapore as their base in Asia and this is a good business decision. But yet again, Singapore is thousands of years ahead of most of the countries in the world so I highly doubt it that any other country will follow their example soon. It is a fair possibility to think of but, only on paper for now. Think about the speed of the transactions and safety and anonymity. Money makes the world go round and it is all about bringing more money by being progressive. Good for Singapore.

[VaLeRaaa]

Singapore is pleased with its commitment to innovation and openness to new technologies, including the blockchain and cryptocurrency calculations.

Former Huobi Executive Floats New Cryptocurrency Exchange in Singapore.
https://www.ccn.com/former-huobi-executive-floats-new-cryptocurrency-exchange-in-singapore/
A former executive at Huobi, Ju was instrumental in the redesigning and upgrade of Huobi’s crypto trading system, streamlining the processes and making it easier for traders to use, propelling the exchange to the world’s largest exchange by trade volume. On leaving Huobi, Ju was hired as Vice President of Technology at X Financial, a financial service provider that is listed on the NYSE. Not satisfied with his achievement in the crypto sector, Ju left X Financial to start Blue Helix, a crypto-based firm which aimed to develop a new digital asset custody and trading system.

[ngano ba]

If that is really true that the country Singapore, is accepting payment of bitcoin ,then is good fir the entire cryptoworld ,because in the future , we might have business there, or travel to this country , it is good thing that Singapore adopt this bitcoin and holders can benefit this adoption of that country in the future to come.

[Harrisonimo]

It is a very welcome idea of cryptocurrency being accepted on a country level. Singapore has made some major leaps in its economic development and won't be left out in the blockchain technology and cryptocurrency. I believe some other areas in the cryptocurrency sectors are also being explored.

[repsol]

It sounds great. Crypto currency and other digital currency now are becoming trend or the best ways in this sophisticated, everything runs on digital because the effectiveness and efficiency of digital usage. Moreover, bitcoin is now the top and most used by many people around the world even in some country it is not officially legalized.
Bitcoin users in other country must want to hear the same news as in Singapore where provides payments service of Bitcoin. This is proof that Bitcoin is well recognizing and welcome, it must be improved more and more.

[nydiacaskey01]

I was there 2 days ago and I was surprised to see events after an event about blockchain. Event was called BlockShow asia 2018 and the a lot of known guest speakers are there the founder of BTCC. I think there no month a year where a Blockchain or Crypto related event, conference or trade show is happening in Singapore, so don't be surprised to see if in Singapore you will be able to survive using Bitcoins or Altcoins.

[deppil90]

now the most basic problem affecting the implementation of digital currencies in the country, is going to beat the official currency in the country, as well as market manipulation, in my opinion, and this news is a benchmark that blockchain technology will be increasingly used by developed countries besides Singapore

[dupee419]

Singapore is a country wherein technology is pretty much familiarized to everyone and the discipline and everything that revolves around SG is simply amazing, and now that it is official that they have finally settled everything in I think everything will be much better including the uprising economy of SG, I'm going to try out visiting there next year. 

[St4yInTh3D4rk]

Singapore is one of the well developed country in terms of technology just as Japan and also they are very small country so implementing the BTC payment system is much easier than a nation with huge population but still I am not sure that most of the people aware of BTC payments in their country because I have lot of friends from Singapore and none of them are having knowledge about it.

[Mishael]

Small countries like Japan that have a limited population, so Singapore is easy to regulate trade and cryptocurrencies. As a country that has technological advancements, it is certainly easier to be able to accept bitcoin besides that its people are more intelligent and have developed that is appropriate to be maintained.

[Zadeket]

Of course. Let's go. Singapore is one of the top level counties in the world. This county has a great technology. Especially, Singapore is a country that is very open to cryptocurrency. Actually, that thing is a very worthy thing to that county. Definitely, they can improve the technology, social issues and they can be found more solutions through the crypto field. So, I believe them's selection is perfect.

Singapore is a small country, but technological mastery is very advanced, the society is modern and the government is very receptive to digital development. One of them is digital currency, so many trading and shopping companies in Singapore receive payments using BTC. The openness of the Singapore government made many BTC owners spend their BTC to pay for various goods and entertainment there.

[Cacingkemi]

Of course. Let's go. Singapore is one of the top level counties in the world. This county has a great technology. Especially, Singapore is a country that is very open to cryptocurrency. Actually, that thing is a very worthy thing to that county. Definitely, they can improve the technology, social issues and they can be found more solutions through the crypto field. So, I believe them's selection is perfect.

Singapore is a small country, but technological mastery is very advanced, the society is modern and the government is very receptive to digital development. One of them is digital currency, so many trading and shopping companies in Singapore receive payments using BTC. The openness of the Singapore government made many BTC owners spend their BTC to pay for various goods and entertainment there.

Well Singapore a country that is so accepting of the era of financial civilization,there is an active country that does't sleep differently from my country which is still withdrawing from other countries regarding government.Crypto BTC is open to anyone at singapore who is sure to be spoiled with various crypto shopping centers.

[TheSeekersLighthouse]

I love Singapore. This is great news. Shows adoption is increasing all the while.

[Tnt1971]

How amazing! Singapore is a bitcoin friendly country .many institution accept bitcoin and partners with bitcoins.many shopping mall, traveling agencies accept bitcoin legally.

[bit-freedom]

This is very nice to see one more country in Asia adopting crypto currency. Singapore MAS has strict regulation and it is great that crypto is accepted.

MCO starts shipping cards in Singapore as the first country too. I hope to see Singapore becoming another crypto friendly country.

[Rana590]

How amazing! Singapore is a bitcoin friendly country .many institution accept bitcoin and partners with bitcoins.many shopping mall, traveling agencies accept bitcoin legally.

Obviously it is a great news for us. Not only Singapore but also many countries are accepting bitcoin as a payment method nowadays. Day by day bitcoin will be the favorite method for payment and other transaction legally.

[spectremy]

How amazing! Singapore is a bitcoin friendly country .many institution accept bitcoin and partners with bitcoins.many shopping mall, traveling agencies accept bitcoin legally.

Obviously it is a great news for us. Not only Singapore but also many countries are accepting bitcoin as a payment method nowadays. Day by day bitcoin will be the favorite method for payment and other transaction legally.

hope 2019 will bring more event to SG or SEA region

[saumang2m]

There are some countries in the world like this. Which has beaten Bitcoin. Because of that, we can easily use Bitcoin in those countries. Singapore is also one such country in it. And if Bitcoin that popularity grows in the future. So in almost all countries we will be able to pay with Bitcoin.

[iamMhew]

Hoping that someday not just only few countries accepting bitcoin as payment method, because the truth is we need to use crypto in the future for more faster and secure transaction. To legalize bitcoin is useful to the country who adopted it.

[adam56767]

Wow, Singapore is really ahead of everyone!
Just imagine that you will be able to pay for your tuition using BTC
Wonderful picture, just hope they wont Tax it up, 'cause then there will be no point, like not much difference

[zhanyiguai261315]

Although Singapore is not big, it is one of the most developed countries in Asia! Many countries in Asia support the use of BTC!
However, the trading volume of BTC is still very small, because there are still very few merchants supporting BTC!

[MrPeriklis]

There are over 30 shops in Chinatown that accept BTC. I live there. Its great.

[bubblebubble]

Singapore is a futuristic State that recognized the Bitcoin value and the way which it flow foreign money in the internal economy.
Today, accept crypto like a payment system, is the best way to import fresh money.
I hope politicians understand the opportunity.

[joshv06]

Wow, Singapore is really ahead of everyone!
Just imagine that you will be able to pay for your tuition using BTC
Wonderful picture, just hope they wont Tax it up, 'cause then there will be no point, like not much difference

Singapore is one of the smallest and well developed country in Asia. It is great new that Singapore is accepting BTC which helps lot of people to look forward and gave confidence in investing the money on Bitcoin. BTC acceptance will make Singapore more closer towards digital world.

[bitbunnny]

Singapore is very advanced and techicaly developed country so I'm not surprised. But as far as I know similar is also possible in Japan that also strongly supports Bitcoin so Singapore is not the only one.
But unfortunately not many countries are following their example, accepting Bitcoin is many countries is still exception rather than a rule. And it will stay so for a while, changes will not happen so soon.

[nicko122]

Singapore is indeed one of the most loyal countries in relation to Bitcoin and other cryptocurrencies. Japan and some European countries are also positively disposed towards cryptocurrencies. There will be more such countries, there will be a growing popularity.

[satosibtc1000]

Great news. I always liked the attitude of Singapore to cryptocurrency, I think in the near future the rest of the country will also join this kind of payments.

[kucritt]

is this true? that bitcon is accept in singapore? i live in asia too. i think that maybe someday when i have time to travelling to Singapore i can spend my bitcoin on singapore without change it first into SGD

[irsada]

of course this is a good idea for the development of bitcoin and I hope there will be many more countries that legalize bitcoin as a transaction tool.

[krishnaverma]

That is a fantastic news for the people living there and for frequent travellers to that place as well.  However,  I do not think that someone is going to travel to that place to encash his bitcoins as it is not practical.  He will have to spend money in travelling expense which might be more than what he has been holding.

[bolbau]

not so surprising, because Singapore is one of the most developed countries, especially in the Southeast Asia region. but this news is clearly very happy for the crypto industry, that many countries are willing to accept bitcoin to become a part of their lives. if asked if we should move to singapur to feel the freedom to use bitcoin? I think the best choice now is how we also have to make Bitcoin acceptable in our own country.

[Elerntta]

I think that most countries of the world have long been time, at least partially, to switch to the use of cryptocurrency, because it opens up completely new opportunities for the country's economy.

[jojohamasa]

These steps are one of the pillars of universal adoption that everyone is waiting for
Singapore joins the cryptocurrencies in the adoption of encrypted currencies
With a good economy and per capita income high
It is important that regulations do not restrict financial freedom.

[Pyr3x]

Singapore has set an excellent example for most countries of the world and shows that you should not be afraid of bitcoin and cryptocurrency. This will absolutely not disrupt the country's economy, but rather allow it to develop even better and more dynamically.

[mohammedmattar]

Great news, especially from an economically strong country
I hope that this culture will spread among the governments of other countries
Rational governments can coexist with cryptoicurrencies
It needs to be read correctly for these new technologies.

[FlightyPouch]

Singapore has set an excellent example for most countries of the world and shows that you should not be afraid of bitcoin and cryptocurrency. This will absolutely not disrupt the country's economy, but rather allow it to develop even better and more dynamically.

I don't know but as far as I know, Japan did it first. Last year before the price exploded to 5 digits, the news was about Japan accepting Bitcoin. The price was increasing at that time and then after that, the price just skyrocket at $20K. Also, with the price dumps that is happening, I am happy to hold my BTC, I am not using it except it make a pump again.

[ivannalog814]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Sorry, you can tell us more about the technology that will save us from financial crimes and money laundering ?)

[Captain Sneeze]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Well as expected , I want to go in Singapore eversince its because they have nice environment. This is great to know that they accept bitcoin , people cam easily invest their money in bitcoin. I just hope that they use bitcoin in a good way. A country like Singapore is a great place to be.

[cuenzy]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

They are I think should be considered as the capital of cryptocurrency in Asia. They are advanced in mass adoption in this region as well as taking over the other countries like Japan to be the primary influencer getting into the world.

[BITDV]

Knowing many countries that oppose the regulation of bitcoin, this is good news. Some countries should follow Singapore. It’s not strange for developed countries, because they study the information unlike developing countries. They know the advantages of bitcoin and take the opportunity of it. I hope other countries will legalize bitcoin and use it as a currency in the future.

[Oilacris]

Knowing many countries that oppose the regulation of bitcoin, this is good news. Some countries should follow Singapore. It’s not strange for developed countries, because they study the information unlike developing countries. They know the advantages of bitcoin and take the opportunity of it. I hope other countries will legalize bitcoin and use it as a currency in the future.

Expected there are really countries would really follow the same path but as expected not all countries do really have the same views when it comes to Crypto or BTC itself.
If you do go on Singapore and as a BTC user then it would be a good experience to use up your coin on such travel but if you do just solely migrate because of such adoption
then better think twice because Singapore do have a very expensive way of living.

[Phildo]

As we know, Singapore is a paradise for people to shop. They (Singapore) know, if they boost the use of bitcoin as a whole, they will reap more profits. I hope more countries that accept bitcoin will make the price goes up. So this is very good news for cryptocurrency activists especially bitcoin like us.

[tungaqhd]

In VietNam we have some Bitcoin ATMs and you can pay your food bills with bitcoin even it is banned by the governments. I hope we can use bitcoin to pay bills world wide.

[KuyaBreezy]

Excellent, also in Sweden is quite acceptable, that's what really matters in the end, the price can be 1000 or 20k but what measures our success is that we can use it so much in the real world, because really for that is that was made bitcoin and alts.

[kingpin4321]

Another improvement in the spread of bitcoin and cryptocurrency world wide Singapore is a booming economy and if that regulations is being implemented it would have a positive impact on bitcoin and cryptocurrency

[amonymous]

The bank regulatory framework for payment services in the Singapore country, absolutely that is great news for everyone Singapore people's.but one think suggest every country will need follow the section. Instructions is very simple, how can accept bitcoin Everyone countries. Again improvement I have see Singapore country accept bitcoin for the farmeworks payment service.i hope it will be give us good positive react another countries.

[Finestream]

Another improvement in the spread of bitcoin and cryptocurrency world wide Singapore is a booming economy and if that regulations is being implemented it would have a positive impact on bitcoin and cryptocurrency

If a progressive country has come to adopt it and is gaining more potentials from bitcoin,why do other countries still refuse to adopt it?Maybe what a single country had seen on the benefits of cryptocurrency cannot be seen by majority of the countries.I think Singapore has made a good decision and this could be a good start for bitcoin to be known also to some countries and definitely adopt it also in the near future.

[Raidal]

Wow, I was very happy to hear the news and I was very impressed with the Singapore government policy that allows transactions with bitcoin. of course this is a policy that has been considered because the government is open with the presence of technology. I am sure that openness and awareness of the presence of this technology will increasingly make other countries want to follow in the footsteps of legalizing bitcoin too. Honestly I am very happy if I can transact with Bitcoin because I do not have to bother to exchange my fiat currency into dollars if I want to trade in Singapore. I just need to bring a smartphone phone that will cover all of my transactions. I hope this policy will continue to grow and be followed by other countries. I just hope that other countries also realize that bitcoin actually brings tremendous benefits.

[tarukam]

wow that is good news singapore has legalized bitcoin I will be there in the next few months hopefully there are many restaurants there that can use bitcoin payments

[lrvjvt]

I hope this news can bring some positive things to the current market. Because of the long-term bear market, some friends around me are considering giving up crypto. Although I want to dissuad them in the past, this is after all their interests, so I think the best way is to let the market bring us confidence to believe it.

[jrrsparkles]

Even Singapore not aware of bitcoin fully so we can't have much stores accepting bitcoin as a payment method but it is good for the people who want to spend bitcoin which is vision of satoshi too but I would like to see the main stream of bitcoin payment in my life time,exoecting to happen.

[maxamus]

I hope this news can bring some positive things to the current market. Because of the long-term bear market, some friends around me are considering giving up crypto. Although I want to dissuad them in the past, this is after all their interests, so I think the best way is to let the market bring us confidence to believe it.

obviously Singapore has started accepting Bitcoin as payment option. Singapore is the smallest country in Asia but it is well developed in terms of technology and showing interests toward Digital transformation and adopting crypto currency which shows positive response towards people across the world and few countries can inspire, adopt and allow the same like Singapore.

[Lumi3004]

Not now on vacation in singapure, waiting for the price of Bitcoin to break through at least $ 15,000, at that price can at least take a bit of Bitcoin assets to shop at Singapore, in this case it can also be an example for other countries in dealing with Cryptocurrency likebitcoin, an advanced developed country, poorer countries are getting poorer.why not take the example of developing countries.

[shoreno]

this is not really new to hear that some country is now accepting btc as payment because even other countries that arent really popular were now also accepting btc or cryptocurrency in general  .

 singapore in a nutshell is a pretty cool country and it is also known for thier inovations and now they are even cooler because they are now accepting the use of bitcoin  .  this event can surely help btc to go out of its comfort zone  if ever singapore is serious about pushing bitcoin .

[Benlobox]

Singapore..!! Amazing,  good tourist place

[anodyne]

I want to experience too to go to Singapore and make do the paying using Bitcoin crypto currencies. I think there in Singapore, mostly people are using Bitcoins as a for their payments. I am very much glad I will be given a chance to go there. Hopefully, in the future since for me, there is no impossible.

[santiPOGI]

Great news to read as bitcoin influence is being into the world market. this is what the coin needs.
A mass adoption from different merchants. Japan is also is open on this and been doing for a good time.
We will see in the future that Bitcoin and other great alternative coins is circulating in many merchants world wide.

[Olayinka225]

Singapore! Singapore!! Singapore!!!

Singapore has been the country have been hearing that it's one of the countries one can buy, pay for any product with bitcoin in the Asia part of the world and that's virtually good and accepted by the populace. It will be of great value if most countries should imbibe in such way like this, this will more increase the value od bitcoin usage.

[Ayiranorea]

Singapore is one among the country that gives access to the digital growth. Also when considered about cryptocurrency, more and more firms function head quartering Singapore as it provides legal support as well has got a large cryptocurrency user community when compared to many other countries in the world.

[TRONTON]

I hope this news can bring some positive things to the current market. Because of the long-term bear market, some friends around me are considering giving up crypto. Although I want to dissuad them in the past, this is after all their interests, so I think the best way is to let the market bring us confidence to believe it.

obviously Singapore has started accepting Bitcoin as payment option. Singapore is the smallest country in Asia but it is well developed in terms of technology and showing interests toward Digital transformation and adopting crypto currency which shows positive response towards people across the world and few countries can inspire, adopt and allow the same like Singapore.

yes, it must be like that, in every region there must be a vanguard, so other countries can follow it, we take the example in EAST ASIA, there is Japan that has legalized bitcoin and in SOUTH EAST ASIA now there is Singapore, starts open, accepts crypto completely

[12tribes]

Its revolutionary and reflects that the Singaporean leaders welcome and adopt change for the sustaining and continual progress of the financial sector. Of course they understand the volatile nature of the crypto world and therefore they'll take precautionary measures to ensure they don't loose investments and monetary values. It will be another destination for pleasure seekers and crypto enthusiasts.

[rodel caling]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

oh wow nice to heard this kind of new good news for bitcoin is clearly another great opportunity and positive feedback end this trend of bear market in the virtual crypto currency.
Good decision from the Singapore government can help for the economic growth for fast paying online transactions specially in business use.

[fatlever]

Singapore will beat the banking metrics through adopting crypto era as it brings more awareness in the entire country. Their government taken right decision for the welfare of all the people in the country.

[Rambukwelle]

Singapore has always been a Crypto friendly nation . They have also introducing new Regulations but those are better since the regulations brings more validity to the Bitcoin in the Country. Sooner or Later many Nations will follow Singapore.

[efxtrader]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

Singapore is one financial hub in asia and i think its good news if bitcoin regulated by singapore government. It will followed by anothers country in asia and i think bitcoin adoption become closer.

[qiwoman2]

Singapore is a really developed Country, they are so much more advance din so many ways, including sustainability, green technology, Fintech and of course last but not least, the Blockchain. They have embraced all these new technologies with both foresight and careful planning and don't do things just lightly. Once they engage themselves in a niche they go in full throttle and always try to make the safest, yet most innovative decisions that will benefit their citizens in the biggest possible way. If I ever wanted to live in a city again, I think Singapore would be one of those places in my top 5 awesome places to live with a metropolitan feel. If ever things go well for me again in Blockchain/ Bitcoin stuff, I would love to visit there one day.

[goaldigger]

Its not that surprising knowing that singapore is a rich country and it can support the nation's technological needs. Singapore also has an impressive technological adoptation and it fits bitcoin use perfectly. Maybe it also because the country has small geographical capacity. So now, who's next?

[creeps]

Singapore will beat the banking metrics through adopting crypto era as it brings more awareness in the entire country. Their government taken right decision for the welfare of all the people in the country.

Singapore is a great country and very welcoming in terms of adopting new technologies. Its good to know that singapore is slowly adopting cryptocurrency but of course we don’t need to travel in singapore and spend a lot of money just to use bitcoin because in the future every country will adopt and we can now use bitcoin anywhere we go. In time more countries will follow Singapore, this market will continue to be recognize and good companies will also adopt the blockchain technology.

[hahay]

Singapore will beat the banking metrics through adopting crypto era as it brings more awareness in the entire country. Their government taken right decision for the welfare of all the people in the country.

Singapore is a great country and very welcoming in terms of adopting new technologies. Its good to know that singapore is slowly adopting cryptocurrency but of course we don’t need to travel in singapore and spend a lot of money just to use bitcoin because in the future every country will adopt and we can now use bitcoin anywhere we go. In time more countries will follow Singapore, this market will continue to be recognize and good companies will also adopt the blockchain technology.

Yes, I don't think we need to go to Singapore just to spend a lot of bitcoin there, with banks that successfully adopt bitcoin then it will already bring a more positive impact that makes ordinary people be able to judge for themselves, if bitcoin is not used for crimes such as terrorist funding and also money laundering etc. If Singapore is able to continue to have growth that continues to increase, it is certain that in the future the use of bitcoin will become more global throughout the world.

[ice18]

Not only in Singapore I can also use my bitcoin to pay my bills, internet, cellphone load, money lending, sending your money to your bank account atm converted into fiat for only 5 hours I also tried to convert my bitcoin into cash one time I went shopping and Im short some cash and what I did is cashout my money in one remittance partner and in just 10 seconds got my money instantly, almost everything you can do with fiats in payment options can be done here in our country and I really hope for more same adoption in other country.  

[Altf4]

Not only in Singapore I can also use my bitcoin to pay my bills, internet, cellphone load, money lending, sending your money to your bank account atm converted into fiat for only 5 hours I also tried to convert my bitcoin into cash one time I went shopping and Im short some cash and what I did is cashout my money in one remittance partner and in just 10 seconds got my money instantly, almost everything you can do with fiats in payment options can be done here in our country and I really hope for more same adoption in other country.  

If that is true that bitcoin can be use as payment on the country of singapore then its good for bitcoin and other crypto, we crypto holders wish that not only in singapore that bitcoin can be used as payments , but also to some other asian countries will also accept paynents using cryptos and not only bitcoin be accepted.

[TitanGEL]

I saw this article today: https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.

What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?

I hope that there are more countries that will adopt cryptocurrencies. We need a better payment system, I am sure that we can have a faster and better transaction through the use of blockchain technology.

[Gheka]

Its not that surprising knowing that singapore is a rich country and it can support the nation's technological needs. Singapore also has an impressive technological adoptation and it fits bitcoin use perfectly. Maybe it also because the country has small geographical capacity. So now, who's next?

Although I don't know who is next but I believe that many countries are planning to apply bitcoin to life because the government has realized the value and benefits of bitcoin can provide, we really should thank singapore when they are one of the leading countries in this regard, they are helping bitcoin towards the globe. However, although paying with bitcoin is an interesting thing and if I have a chance, I will try it but I will definitely not use bitcoin too much for payment because it is only an investment and will forever be an investment, this will never change in my thinking

[Memmon3]

yes, i think its a great job..!As a developing country, Singapore is indeed good at welcoming bitcoin, this is characterized by giving bitcoin space to grow well in its country. The bitcoin community in Singapore is certainly more enthusiastic and warmly welcomes ...this makes the country a digital country.

[Dhaniii]

good news. I hope that my country can do what Singapore do. in my opinion from banking is one good way to introduce crypto to fix financial problems in all countries in the world. but that's just stupid thinking. but from the bank, there will be many people who know about digital currencies.

[Gagal Mancung]

I am not doubting this information, but this is the online world, all data / information with easy manipulated or spread without clear truth. But it all back to belief own.

Example in my country. Recently circulating news about "Crypto Asset Regulation in Indonesia" [https://coinvestasi.com/berita/regulasi-aset-kripto-di-indonesia]. Many think that is true, but the fact is news hoax.

I want to say here is, if the cryptocurrency entered in the list the payment service legitimate, what it not disturbing the sovereignty of they currency?

[traderethereum]

I heard that in Singapore, many products are not cheap but I don't know the truth. And although we can pay with bitcoin, I prefer to pay using fiat and better to hold the bitcoin. Maybe one day if I have a lot of money, I will visit in Singapore and enjoy the beautiful places that I've seen on television. It is a good idea to use the crypto as the second payment method in Singapore so people who have crypto can use crypto to buy something they want. I hope that in the other Asian countries will follow what Singapore did and it will help the cryptocurrency, especially bitcoin to be known among the people.

[wewe123]

I heard that in Singapore, many products are not cheap but I don't know the truth. And although we can pay with bitcoin, I prefer to pay using fiat and better to hold the bitcoin. Maybe one day if I have a lot of money, I will visit in Singapore and enjoy the beautiful places that I've seen on television. It is a good idea to use the crypto as the second payment method in Singapore so people who have crypto can use crypto to buy something they want. I hope that in the other Asian countries will follow what Singapore did and it will help the cryptocurrency, especially bitcoin to be known among the people.

If that is really true that Singapore is accepting payments using bitcoin then that is good for cryptocurrency and us crypto holders ,there might time that we could there in Singapore and it continue to accepts bitcoin for payments then well its good , we hope that other countries in asia would also accept and adopt cryptocurrency like Singapore.

[BlasterS]

Wow!  That is great thing that the Singapore accepts bitcoins in terms of payment in commercial transactions.
Since Singapore is one of the wealthy countries in Asia.  They can influence also other countries to legalize or implement that thing.