My future business partner had a chat with Singapore Economic Development Board yesterday about Bitcoin.
What is MAS?
Forgot to add that I think that you need to (and probably already are) pay close attention to MAS regulations. Just make sure you're inline with all their regulations etc and you should be fine!
What is MAS?
Do they know what is a Bitcoin?
Honestly they know one but just close one eye first wait till it affect their revenue and taxation then they will make a big wooha about it.
Actually to regulate bitcoin is not so simple so see what approach the government will take either clamp down or relax relax but knowing SG I say clamp down! What do you all think?