Singapore Has No Plans to Ban Bitcoin, Says MAS Managing Direc | Crypto Millionare Investment Club ® Bitcoin BTC
Singapore Has No Plans to Ban Bitcoin, Says MAS Managing Director
Ravi Menon – the head of the Monetary Authority of Singapore – sees a lot of potential in the cryptocurrency industry. As such, he vowed that the local regulator will not ban the asset class but rather implement an appropriate regulatory framework on it.
The executive also raised hopes that Singapore can become one of the global leaders in the cryptocurrency space.