Coin Edition
2023-06-21 12:21:20

Singapore Regulators Propose a Common Protocol for Cryptocurrencies

The Monetary Authority of Singapore (MAS), Singapore’s financial regulatory authority issued a proposal of a common protocol for the use of cryptocurrencies on a distributed ledger. The MAS released the Purpose Bound Money (PBM) white paper in collaboration with international monetary organizations, financial institutions, and FinTech platforms, providing insights into the technical specifications of the The post Singapore Regulators Propose a Common Protocol for Cryptocurrencies appeared first on Coin Edition .

Kaynak: Coin Edition
Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.