In today's The Straits Times News In A Minute video, we look at:

* The Monetary Authority of Singapore to lay down some rules for intermediaries of virtual currencies like Bitcoin.

* Workfair Singapore activist Vincent Wijeysingha says there was no evidence to show the Little India rioters were drunk.

* 5,000 Redmi smartphones by China phonemaker Xiaomi snapped up in eight minutes.

If video does not play properly, please view it here.