Singapore to Regulate Crypto-Based Businesses, Not Cryptocurrency Itself

Mr. Tharman Shanmugaratnam, Singapore’s Deputy Prime Minister, Coordinating Minister for Economic and Social Policies, and Chairman of Singapore’s financial watchdog, the Monetary Authority of Singapore (MAS), has responded to a question pertaining to MAS’s assessments and regulatory intentions regarding cryptocurrencies and initial coin offerings (ICOs).

Source: Singapore to Regulate Crypto-Based Businesses, Not Cryptocurrency Itself

Chief Indian Economist: Bitcoin Won’t become a ‘Legal Currency’ in India without Regulation – Coinjournal

A prominent Indian economist believes that bitcoin needs to be regulated in India before it will become a legal currency. In a Q&A interview with the Economic Times, Dr S.P. Sharma, chief economist at the PHP Chamber of Commerce and Industry, was questioned on whether he thought bitcoin would be accepted legally in the country. […]

Source: Chief Indian Economist: Bitcoin Won’t become a ‘Legal Currency’ in India without Regulation – Coinjournal

Bitcoin ATMs On the Rise in Russia

The number of bitcoin ATMs is on the rise in Russia. Ten of them were recently installed in five districts of Novosibirsk by a local startup. Last week, a different company announced their plans to install a hundred cryptocurrency ATMs in Moscow hotels and airport terminals starting this month.

Source: Bitcoin ATMs On the Rise in Russia

Blockchain and Bitcoin round-up: 6 October 2017

Blockchain funding, Pubcoin blockchain rewards programme, network and technology sharing and platform test launching. Our latest blockchain and Bitcoin round-up features Anryze , Leanpub, MicroMoney, Karma and Zilliqa. Pubcoin, a rewards points platform powered by a permissioned blockchain Speech recognition software developer Anryze has received investments pushing past its $1.6 million crowdfunding “milestone” in its ICO to develop fintech and regtech solutions.

Source: Blockchain and Bitcoin round-up: 6 October 2017