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Cryptocurrencies: Case for curated regulations

S'pore has what it takes to put in place a "model set" of rules.

Cryptocurrency tokens are usually not shares, bonds or units in a collective investment scheme. They are often a payment facilitator or a form of barter.

MUCH ink has been spilt in connection with the good and evil of cryptocurrencies. Cryptocurrencies use data encryption techniques to regulate the generation of currency units and verify fund transfers, independently of financial institutions. While still at a nascent stage of development, there...

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