Singapore’s financial watchdog will bridge the gap between cryptocurrency firms and banks, by helping digital currency firms set up local bank accounts. Bridging the Divide Between Cryptocurrency and Financial Institutions The Monetary Authority of Singapore is willing to help virtual currency firms having difficulty opening bank accounts. However, the financial regulatory body stated it wouldn’t slacken its rules to entice other digital currency startups to Singapore. According to Bloomberg, the Asian country has tried to take steps to upgrade its … Continue reading Singapore to Simplify Access to Banking Services for Cryptocurrency Firms