Singapore Finalizes Regulatory Framework for Cryptocurrency Payment Services24.54

The central bank of Singapore has finalized the country’s new regulatory framework for payment services, which now includes cryptocurrency. Crypto payment service providers, which fall outside of the current regulatory framework, will need to be licensed under the new regime.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Original source
https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/

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