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Singapore association set up for bitcoins and other crypto-currencies

Published on Jun 15, 2014 10:44 PM
 
Bitcoin entrepreneurs have come together to form an association for enterprises and start-ups dealing in bitcoin and other crypto-currencies. - PHOTO: AFP

SINGAPORE - Bitcoin entrepreneurs have come together to form an association for enterprises and start-ups dealing in bitcoin and other crypto-currencies.

The Association of Crypto-Currency Enterprises and Start-ups, Singapore (Access) was formed on May 30 and is registered as a society with the Registry of Societies, the association said in a press release on Sunday.

Its members hail from "various businesses" within the Singapore ecosystem of bitcoins and other crypto-currencies, including exchanges, merchant transaction services, vending machines and miners.

Crypto-currencies are a form of digital, or virtual, currency that uses cryptography to link together transactions made with the currency in question.

 
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