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Crypto Payments Firm Shuts Down Operations Citing Singapore’s New Regulatory Regime

Roland James

Summary: Coinpip, the cryptocurrency payments provider, has temporatily shut down, as the company looks to meet requirements set under the Singapore Payment Services Act According to an announcement from the Singapore-based firm, it has "suspended operations" while it trys to become licensed by the country's financial regulators after new rules were brought in earlier this year. ...

Coinpip, the cryptocurrency payments provider, has temporatily shut down, as the company looks to meet requirements set under the Singapore Payment Services Act

According to an announcement from the Singapore-based firm, it has "suspended operations" while it trys to become licensed by the country's financial regulators after new rules were brought in earlier this year.

By Roland James

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Link: Crypto Payments Firm Shuts Down Operations Citing Singapore’s New Regulatory Regime   [Copy]
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