Russian officials have previously suggested that the EAEU countries should work together to align
their policies on cryptocurrency regulation and that they should all share an official «virtual currency.»
Not exact matches
com (OSTK)[disclosure: I own shares of OSTK] says, «Overzealous or misguided
regulation, including tax
policies which make using
cryptocurrencies on a regular basis difficult, create a challenge to quicker widespread adoption of
cryptocurrencies.»
In response to questions by several MPs, the minister of the Monetary Authority of Singapore (MAS) confirmed that while they will be advising citizens of the risks involved in
cryptocurrency trading, as well as subjecting intermediaries to anti-money laundering
regulations, the government will be keeping a hands - off
policy on the matter.
On a concluding note, Johari argued that it was important for authorities to have a sound understanding of
cryptocurrencies before bringing in new
policies and
regulations.
Japan, a country with a proactive fintech
policy, is going to urge its G20 counterparts to look into
cryptocurrencies and agree
on some common
regulations.