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?
oh wow nice to heard this kind of new good news for bitcoin is clearly another great opportunity and positive feedback end this trend of bear market in the virtual crypto currency.
Good decision from the Singapore government can help for the economic growth for fast paying online transactions specially in business use.