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The Payment Services Act, which comes into force Tuesday, is the first comprehensive regulation for companies handling activities ranging from digital payments to trading of tokens such as Bitcoin and Ether.
(Dec 2): Interest in bitcoins and other cryptocurrencies seems to be waning, according to Google Trends. There was a sharp spike in interest when bitcoin hit an all-time high of about US$20,000 in December 2017, but it declined within six months and flatt
SINGAPORE (Nov 1): A cryptocurrency exchange that halted Singapore activities two years ago is resuming services there after two local banks opened accounts for the firm, a sign that the country’s lenders are warming to the industry.