Singapore Act to License Cryptocurrency Firms Comes Into Effect By Coi

Singapore Act to License Cryptocurrency Firms Comes Into Effect

Cryptocurrency News 27 minutes ago (Jan 28, 2020 06:42AM ET) Legislation regulating the operations of cryptocurrency firms in Singapore comes into effect today, Jan. 28. The new Payment Services Act will regulate cryptocurrency payments and trading enterprises under some aspects of the regulatory regime that currently governs traditional payment services and require them to hold a license.