Singapore Dollar and Bitcoin the Same Under AML/CFT Laws: Deputy PM

The post Singapore Dollar and Bitcoin the Same Under AML/CFT Laws: Deputy PM appeared first on CCN

Singaporean laws do not make any distinction between transactions involving fiat currencies and cryptocurrencies like bitcoin under money laundering and counter-terrorism financing laws, the country’s deputy prime minister said yesterday. Tharman Shanmugaratnam, Singapore’s deputy prime minister and minister in charge of the central bank, was speaking at a parliamentary session on Monday when he was

The post Singapore Dollar and Bitcoin the Same Under AML/CFT Laws: Deputy PM appeared first on CCN

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