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Bitcoin-friendly Singapore wants to team up with China for “Digital Yuan,” here’s why

From cryptoslate.com

East Asian nations are forging ahead with their digital currency and blockchain plans, with most being largely lenient towards large-cap digital assets like Bitcoin. Singapore, the tiny island-nation known for its shipping and finance industry, wants to team up with China for the latter’s upcoming Digital Yuan project. Singapore already has regulations in place for Bitcoin exchanges and pertinent crypto-services, and working on a digital currency project was, presumably, a logical extension of the country’s overall fintech and blockchain policy. Digital currencies the next frontier At a financial forum held in ... (full story)

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  • Category: Fundamental Analysis