Singapore: Bill Tabled to Place Crypto Payment Services Under Central Bank Oversight

A new bill which will impact electronic wallets and digital payment tokens such as bitcoin has been tabled in Singapore’s parliament. The Payment Services Bill will place the providers of payment services that are not under the regulatory oversight of Money-Changing and Remittance Businesses Act and the Payment Systems Oversight Act under the umbrella of

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Singapore: Bill Tabled to Place Crypto Payment Services Under Central Bank Oversight written by Mark Emem @ https://www.ccn.com/singapore-bill-tabled-to-place-crypto-payment-services-under-central-bank-oversight/ November 27, 2018 Mark Emem

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