kaal:claim:3117224-024

In Singapore there is no direct regulation of digital tokens under the Securities and Futures Act unless the currency is linked to an ownership or security interest in the issuer's assets or property.

Source quote, verbatim

There is no direct regulation under the SFA unless the currency is linked to an ownership or security interest in the issuers assets or property.

From

Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses (2018), IV. Regulatory Responses, p. 14
https://ssrn.com/abstract=3117224 · source PDF

Cite as

Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses (2018). SSRN: https://ssrn.com/abstract=3117224

Holds when

Singapore

Classification

conditionsupport: evidencedsecurities-lawsystemic-risktokenomics

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