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Without Bitcoin Singapore risks “being left behind.” – Director of the Monetary Authority of Singapore

Without Bitcoin Singapore risks “being left behind.” – Director of the Monetary Authority of Singapore



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13 Comments

  1. This titel is so missleading. This is not what he really said. In fact, he said that by providing strict but clear regulation to companies, singapore plans to get ahead of other countries in terms of leveraging cryptocurrencies for financial services or other means. He also said that it is not sure yet how the cryptocurrency space is developing but it is basically not a bad idea to get in early and attract businesses that want a clear regulatory environment.

    He is neither refering to bitcoin in specific, nor is he implying that he is holding bitcoin or that singapore would be holding bitcoin or any other crypto asset for that matter.

    If you want to read it up, someone posted the link already.

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