Bitcoin in Singapore: A Light-Touch Approach to Regulation Nov 21 2017 13:55 languageMoneyScience
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Pak Nian Lam
National University of Singapore (NUS) - Faculty of Law
Date Written: April 11, 2014
Bitcoin is a novel digital currency which is slowly gaining visibility. This paper sets out to answer some basic questions: What is it? How does it work? What are the risks? It introduces the Bitcoin technology, considers the call for regulation and answers it with a light-touch approach which bears the big picture in mind: looking at the micro, macro and international views of Bitcoin regulation while at the same time not quashing innovations like Bitcoin with heavy-handed regulation of manageable risks.