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Singapore Watchdog Follows In US Counterpart's Footsteps To Regulate ICOs

Josh O'Neill

2 August 2017

Singapore's central bank and regulator has weighed in on the issuance of digital tokens known as Initial Coin Offerings, saying that some will come into its scope as certain types of tokens will be subject to securities regulations.

The a security, then investors are more willing to invest. At some point, people will realise that ICOs are indeed an amazing investment opportunity but with massive risks. If the risk is reduced, then the potential returns may also be reduced. But they could become a serious alternative to trading shares on the stock market.”