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