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Crypto Conundrum Part II: A Multi-Jurisdictional Uncertainty

Jonas Koh Lei

[2020] SAL Prac 4

As a sequel to “Crypto Conundrum Part I: Navigating Singapore’s Regulatory Regime” [2020] SAL Prac 3, this article surveys various regulatory attitudes towards cryptocurrencies, and contrasts various regulatory enforcement actions against cryptocurrency businesses. This article provides a multi-jurisdictional framework and urges local authorities to consider a flexible and broad regulatory approach in order to increase investor protection and facilitate capital formation for cryptocurrency businesses.