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SG Specific

“Virtual currencies in Singapore, like most other countries, are not regulated by a financial services regulator like the Monetary Authority of Singapore, as these are not considered as securities or legal tender. Investors in virtual currencies will also not have the safeguards that investors in securities enjoy under the Securities and Futures Act and the Financial Advisers Act. “

http://www.moneysense.gov.sg/understanding-financial-products/investments/consumer-alerts/virtual-currencies.aspx

SG Specific

Project Ubin is a collaborative project with the industry to explore the use of Distributed Ledger Technology (DLT) for clearing and settlement of payments and securities.”

http://www.mas.gov.sg/Singapore-Financial-Centre/Smart-Financial-Centre/Project-Ubin.aspx

https://www.iras.gov.sg/irashome/Businesses/Companies/Working-out-Corporate-Income-Taxes/Specific-topics/Income-Tax-Treatment-of-Virtual-Currencies/