Singapore shuts down Bitcoin ATMs after new guidelines from central bank
Daenerys & Co. and Deodi Pte crypto ATM operators in the city-state have shut down quoting the MAS guidelines as an “unexpected surprise.”
Tag: Singapore
MAS warns cryptocurrency players not to promote services to the general public
“The public should not be encouraged to engage in the trading of DPTs,” the guideline stated.
As of 2021, over 50 countries have bans on cryptocurrency
The majority of the countries that have enacted regulations around digital assets are in Africa or the Arabian Peninsula
Crypto.com becomes gold member of Singapore Blockchain Innovation Programme
Singapore Blockchain Innovation was launched in December 2020 with the goal to strengthen Singapore’s blockchain ecosystem