I saw this article today:
https://news.bitcoin.com/singapore-regulatory-framework-cryptocurrency-payment-services/ about paying with cryptocurrencies in Singapore.
The central bank has finalized the new regulatory framework for payment services and they have included cryptocurrencies.
I think this is the future of banking and something that all countries should start doing.
The plus of making this change in the financial system is that there will be less money laundering and terrorism financing risks in the crypto world which is good for normal people that have hope and invest in online coins but bad for the ones that use the online coins for the reasons mentioned before.
What do you think? Is it a good idea to introduce cryptocurrencies in the financial systems of the world's countries?
Its good idea to introduced cryptocurrency in the financial systems of the worlds because it can help to reduce rhe usage of crypto in some illegal activities or maybe it will open the door to the banks to understand the purpose of bitcoin in the economy and to used it as one of their transaction option to get better their service. For me its good to know that it use in singapore, hopefully many country will follow.