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Topic: Singapore will not ban cryptocurrency - page 3. (Read 1703 times)

member
Activity: 588
Merit: 11
Singapore permissive environment for cryptocurrenies and blockchain will surely benefits all crypto holders living in that country. Bitcoin in the majority of the countries in Asia are still not allowed and they also banned exchanges operating in their area. After Japan, some countries like south korea are still struggling on its cryptocurrency exchanges, and Philippines is planning to create some rules for the virtual coins.
newbie
Activity: 79
Merit: 0
April 22, 2018, 05:49:30 AM
It is very different between developed and developing countries, developed countries always think positively about technological developments, and I strongly agree with Singapore who always address the good about bitcoin for the future.
sr. member
Activity: 1596
Merit: 335
April 17, 2018, 01:52:01 PM

Singapore's Prime Minister Tharman Shanmugaratnam said the country's government will "not ban" cryptocurrency.
In Asia, Japan and Singapore are the best markets for cryptocurrency and blockchain in recent years. In China, Vietnam, Indonesia banned bitcoin and the cryptocurrency market, Singapore was very active in developing Blockchain and cryptocurrency markets.

I think that is a good news because it will greatly help the market. I really think that being active in blockchain development really helps a country economy to develop. Some countries who started business using cryptocurrency and blockchain technology even gathers some foreign investors which can really be a big help in a certain country's economy.
newbie
Activity: 37
Merit: 0
April 17, 2018, 12:31:38 PM
One more proof that Singapore is one of the most clever countries. These guys know where money are hidden
newbie
Activity: 154
Merit: 0
April 17, 2018, 08:14:40 AM
Country singapore does not prohibit crypto, I come from indonesia, in indonesia crypto is not required as a place to look for something that can make money. But in indonesia the sale and purchase of bitcoin is still taxable.
I think neutral Indonesia will be bitcoin and crypto
member
Activity: 420
Merit: 19
April 17, 2018, 05:13:17 AM
#99
Really this is a very good news that Singapore will not ban cryptocurrency. Because nowadays many countries banned cryptocurrency, in this stage one country announced that it will not ban means other countries also have to look on this changes. Due to this there is a lot of changes will come in other countries also. Now this country is very smat in activating blockchain technology in the cryptocurrency world. Singapore country is a good example to other countries in using cryptocurrency.
legendary
Activity: 2282
Merit: 1023
April 16, 2018, 01:44:42 PM
#98
I wish every asian country should start adapting crypto currencies.
There are conflicting news from different parts of Asia when it comes to accepting the bitcoin market, countries like Japan and Singapore have taken a positive approach while China is against it for the moment, one thing these countries have to understand is that smart minds will move out from that country and settle else where if they do not accept innovation and technology and will be the ones to suffer in the future.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
April 16, 2018, 01:10:26 PM
#97

Singapore's Prime Minister Tharman Shanmugaratnam said the country's government will "not ban" cryptocurrency.
In Asia, Japan and Singapore are the best markets for cryptocurrency and blockchain in recent years. In China, Vietnam, Indonesia banned bitcoin and the cryptocurrency market, Singapore was very active in developing Blockchain and cryptocurrency markets.

Singapore has been a country setting example in many things to other countries. In its cleanliness, responsibility in ruling, treating its citizens, infrastructures and etc, Singapore is spoken out everywhere. Now it is open to adapt crypto currencies. Countries who deny accepting crypto should learn from them. Singapore is going to increase its wealth, name and fame with crypto besides they being always on top of everything. I wish every asian country should start adapting crypto currencies.
hero member
Activity: 1400
Merit: 536
April 16, 2018, 07:41:18 AM
#96

Singapore's Prime Minister Tharman Shanmugaratnam said the country's government will "not ban" cryptocurrency.
In Asia, Japan and Singapore are the best markets for cryptocurrency and blockchain in recent years. In China, Vietnam, Indonesia banned bitcoin and the cryptocurrency market, Singapore was very active in developing Blockchain and cryptocurrency markets.
It would not make sense for a trading country like Singapore to ban Bitcoin. I think East Asian countries are tolerant to crypto moneys. Yes Bitcoin is a money, everywhere where money is available there is a chance of profit. Some countries lead Bitcoin very well, leading to something uncontrollable.
full member
Activity: 490
Merit: 107
April 16, 2018, 06:38:06 AM
#95

Singapore's Prime Minister Tharman Shanmugaratnam said the country's government will "not ban" cryptocurrency.
In Asia, Japan and Singapore are the best markets for cryptocurrency and blockchain in recent years. In China, Vietnam, Indonesia banned bitcoin and the cryptocurrency market, Singapore was very active in developing Blockchain and cryptocurrency markets.


Singapore really amazed me because of this article. I feel a little envy because my country is very slow when it comes to technology while these two progressive countries are already operating one step ahead.
Actually Singapore and Japan are countries that thinking out  of the box meaning they are open on new innovation because bitcoin of most innovative and new principle of currency and they think it is more advantageous in term of technology, that is why this country  are progressive because they  never stop innovating for  the good of their country.
full member
Activity: 476
Merit: 100
April 16, 2018, 04:02:04 AM
#94

Singapore's Prime Minister Tharman Shanmugaratnam said the country's government will "not ban" cryptocurrency.
In Asia, Japan and Singapore are the best markets for cryptocurrency and blockchain in recent years. In China, Vietnam, Indonesia banned bitcoin and the cryptocurrency market, Singapore was very active in developing Blockchain and cryptocurrency markets.


Singapore really amazed me because of this article. I feel a little envy because my country is very slow when it comes to technology while these two progressive countries are already operating one step ahead.
hero member
Activity: 3038
Merit: 634
April 14, 2018, 04:20:54 AM
#93
Smart move from Singapore authorities I would say
This country knows how to catch the moment and receive positive impact out of new trends, respect
Singapore has been smart when its about to profitable things and businesses even they are a very small country.

And this is one of the countries that I want to visit one day but going back to the topic, they are following the trend of other countries who are adopting bitcoin which is good.

Don't just believe anything as I have known too that in Singapore they are considering bitcoin, you are right they are also in favor of having cryptocurrency, and they are studying things about it, glad to have Japan and Singapore in crypto world.
This is what I'm talking, progressive countries are into crypto's now.
full member
Activity: 504
Merit: 101
April 14, 2018, 12:41:49 AM
#92

Singapore's Prime Minister Tharman Shanmugaratnam said the country's government will "not ban" cryptocurrency.
In Asia, Japan and Singapore are the best markets for cryptocurrency and blockchain in recent years. In China, Vietnam, Indonesia banned bitcoin and the cryptocurrency market, Singapore was very active in developing Blockchain and cryptocurrency markets.
the relationship between cryptocurrency trade and Singapore's financial system is also insignificant today. The Singapore banking system has no significant relationship to global and local entities that handle cryptocurrency.
As of the moment it has really know significant relationship with each other, but what' s important for me now is that Singapore will not ban bitcoin no matter what, that they are considering to have it like what Japan is doing right now.
member
Activity: 294
Merit: 12
April 13, 2018, 11:32:46 PM
#91

Singapore's Prime Minister Tharman Shanmugaratnam said the country's government will "not ban" cryptocurrency.
In Asia, Japan and Singapore are the best markets for cryptocurrency and blockchain in recent years. In China, Vietnam, Indonesia banned bitcoin and the cryptocurrency market, Singapore was very active in developing Blockchain and cryptocurrency markets.
the relationship between cryptocurrency trade and Singapore's financial system is also insignificant today. The Singapore banking system has no significant relationship to global and local entities that handle cryptocurrency.
newbie
Activity: 34
Merit: 0
April 13, 2018, 11:11:13 AM
#90
Smart move from Singapore authorities I would say
This country knows how to catch the moment and receive positive impact out of new trends, respect
sr. member
Activity: 700
Merit: 257
April 13, 2018, 02:46:24 AM
#89
Yes, we are hearing this news from many days back because Singapore is showing a lot of interest towards the cryptocurrency and the blockchain technology.his is going to future of all the field where they can securely handle all things without any limitation. This makes other countries to convince like Singapore.
Don't just believe anything as I have known too that in Singapore they are considering bitcoin, you are right they are also in favor of having cryptocurrency, and they are studying things about it, glad to have Japan and Singapore in crypto world.
sr. member
Activity: 1540
Merit: 255
April 13, 2018, 01:06:40 AM
#88
Yes, we are hearing this news from many days back because Singapore is showing a lot of interest towards the cryptocurrency and the blockchain technology.his is going to future of all the field where they can securely handle all things without any limitation. This makes other countries to convince like Singapore.
sr. member
Activity: 924
Merit: 255
April 12, 2018, 10:40:26 PM
#87
In essence, the country can really understand and deepen many things related to the technology in it to successfully control the potential risks. This looks more direct the crypto/bitcoin in a more build direction and can be used as a country's progress in terms of business and etc.
So yeah the nature and scale of cryptocurrency trade in this country doesn't pose a risk to the safety and integrity of the financial system.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
April 12, 2018, 08:40:22 PM
#86
Yeah like Singapore and Japan these are the nation's who don't stop innovating for the future of their nation that is why  their economy becomes so powerful because they embrace change they always think out of the  box they embrace bitcoin because they think it has a good future.

There is another way of looking in to it. Singapore and Japan are two nations, where the tax evasion rates are extremely low. And the national currencies are also quite strong and they don't face much competition from Bitcoin. The same can't be said about the developing nations such as India, China, Indonesia, Pakistan.etc.
newbie
Activity: 5
Merit: 0
April 12, 2018, 03:56:37 PM
#85
Ns program
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