The Central Bank of Singapore does not have a reason to regulate cryptocurrencies. The head of the Monetary Authority of Singapore confirmed it.
It seems that the famous phrase “divide and conquer” does not apply for the branched Bitcoin currency. 2017, the year of the hard forks for Bitcoin, had, by far, the best performance since it was born.
The senior adviser at Saudi Arabias’s central bank, Abdulmalik Al-Sheikh, stated that the regulator does not believe that the cryptocurrency market is mature enough to be regulated yet. Before the central bank will determine any regulation on Initial Coin Offerings (ICOs), Al-Sheikh commented in an interview with CNBC that the bank will observe the general situation.
One of the biggest companies on earth, Amazon, could soon accept Bitcoin as a means of payment. As reported by the German news outlet, Die Welt, rumours about this possibility are becoming bigger.
Igor Shuvalov, Russia’s First Deputy Prime Minister, promised that initial coin offerings (ICOs) in Russia will not die because of regulations. During the last weeks, rumours were circulating regarding regulations on ICOs and cryptocurrencies.
After rumours around this possibility, Argentinian Central Bank Vice-president confirmed that they are not thinking about issuing a virtual currency. Argentinian Central Bank Vice-president, Lucas Llach, confirmed to CoinStaker that Argentina is not working in the development of a cryptocurrency. At least for the moment.