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Singapore’s Central Bank Backs New Code of Practice for Crypto Companies

From coindesk.com

A Singapore cryptocurrency industry non-profit has released a code of practice for digital asset payment providers that was guided by the city-state’s central bank. The Association of Cryptocurrency Enterprises and Start-ups Singapore (ACCESS), a group comprising over 400 crypto and blockchain-related businesses, announced the release Thursday. The Monetary Authority of Singapore "facilitated" the initiative, aimed at assisting regulatory compliance and enhance crypto industry conduct; the Association of Banks in Singapore (ABS) also helped with its development, ACCESS said. The guidance is designed around the ... (full story)

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