Smart ICO guide­lines could put Sin­ga­pore on the path to be­com­ing the world’s first ‘crypto-hub’ BY AN­DREW AU

Singapore Business Review - - NEWS FROM SBR.COM.SG -

Two an­nounce­ments from the Mone­tary Author­ity of Sin­ga­pore (MAS) at the end of 2017 de­fined the chal­lenges cryp­tocur­ren­cies pose. MAS an­nounced a se­ries of guide­lines de­signed to reg­u­late the cur­rency, specif­i­cally Ini­tial Coin Of­fer­ings (ICOS), lay­ing the ground­work for fur­ther growth in this area. Yet not long after, MAS is­sued a warn­ing, cau­tion­ing against in­vest­ments.

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