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Singapore High Court rules crypto not different from fiat money or shells

Posted on 07/27/2023

Singapore High Court rules crypto not different from fiat money or shells

Cryptocurrencies will now be viewed as property in Singapore. The high court also demystified the notion that cryptocurrencies do not hold any value. The Monetary Authority of Singapore (MAS) will implement segregation and custody requirements for digital payment tokens. According to a ruling made on July 25 by Judge Philip Jeyaretnam of the High Court […]

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