Monetary Authority of Singapore issues consultation on Payments bill

November 27, 2017

The country‚Äôs central bank and monetary authority of Singapore is moving forward to bring many regulations that will deal with retail payment services. This single legislation will also include bitcoin and cryptocurrency exchanges. With an announcement on Tuesday, the Monetary Authority of Singapore launched the second revision on its payments service bill, a regulatory network designed for payments that will propose to streamline the regulation of all payment services available…

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