Singapore won’t regulate cryptocurrencies, says MAS chief

MAS chief Ravi Menon
Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), speaks at the Singapore Fintech Conference in Singapore, on Wednesday, Nov. 16, 2016. Photographer: Ore Huiying/Bloomberg

Singapore doesn’t plan to regulate cryptocurrencies such as bitcoin, but will remain alert to money laundering and other potential risks stemming from their use, the head of the country’s central bank said.

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