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 .