Singapore Explores Additional Cryptoinvestors Protection

Singapore’s central bank is exploring whether additional regulations are required to protect cryptocurrency investors 
01 March 2018   456

Deputy Director of the Monetary Authority of Singapore (MAS) Ong Chong Ti said that the agency is currently "studying the need for additional rules in the protection of cryptocurrency investors," Reuters reports.

Such a statement may mean that the development is a new regulatory regulatory framework for crypto exchanges in Singapore, for the activities of which the authorities are now closely monitoring.

In October last year, representatives of the MAS said that the agency does not plan to regulate the circulation of crypto assets, but will counter money laundering using digital currencies.

In addition, on February 6, Deputy Prime Minister of Singapore Tarman Shanmugaratnam said that the government is not going to prohibit crypto trading. According to him, it is still too early to talk about certain measures in relation to the new technology.

Craig Wright to Claim to be Satoshi Again

He explained that the false information surrounding Bitcoin and blockchain-derived systems made him come out of the shadows
18 February 2019   44

A senior researcher at nChain, Craig Wright, sent the Commission on the US Exchange Commodity Trading (CFTC) introductory information on cryptocurrency mechanics in response to a request from the Office. But even in the official document he did not miss the opportunity to remind everyone that it was he who allegedly was the creator of Bitcoin Satoshi Nakamoto.

My name is Dr. Craig Wright and under the pseudonym of Satoshi Nakamoto I completed a project I started in 1997 that was filed with the Australian government in part under an AusIndustry project registered with the Dept. of Innovation as BlackNet. Ethereum is a poorly designed copy of bitcoin designed with the purpose of completing the promise of smart contracts and scripting that were delivered within bitcoin but which were hobbled by the core developers of bitcoin who sought to enable anonymous transactions to exist within the system. 

Craig Wright


Earlier in February, the “self-proclaimed Satoshi Nakamoto” announced that he possesses a patent, allegedly capable of restricting the right to issue JPM Coin.

In October 2017, Craig Wright made a mistake confirming that he was not Satoshi Nakamoto.