United States financial regulators are reviewing and monitoring the implications of virtual currency transactions and investments on investors and the financial markets. This chapter summarizes the latest developments in U.S. regulators’ approach to the regulation of virtual currency.
Singapore has dynamically addressed the need to develop a regulatory framework by ‘repurposing’ the current regime to address the regulatory concerns arising out of the offer, trade, and services relating to digital tokens. This chapter summarizes the recent developments by Singapore regulators’ approach to the regulation of digital tokens.