Crypto EcoBlog
On Tuesday, Singapore’s Deputy Prime Minister, Gan Kim Yong, addressed Parliament regarding concerns about Worldcoin’s operations in the country. The concerns were on threats such as improper use of Worldcoin accounts and the possibility of the accounts being used to conduct money laundering. Gan Kim Yong stressed that Worldcoin does not currently operate as a payment service provider under Singapore’s Payment Services Act (PS Act). However, he stated that trading Worldcoin accounts would...
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