Author
Listed:
- Ju. Shabatuk
(Financial University)
- Ю. Шабатюк
(Финансовый университет)
Abstract
In this article are discussed the main prospects of development of cryptocurrency in Singapore, as it is widespread and used all over the world. The article covers the main points for the regulation of the cryptocurrency. There is a wide range of cryptocurrency trading platforms, and most of them are located in different countries, which leads to significant differences in terms of regulation by the authorities and, accordingly, different rules for users and companies. Several exchanges allow trading derivatives. A more detailed review would give a correct impression of the current situation in the world in terms of regulation of cryptocurrencies and future trends. Cryptocurrencies continue their development; the number of users of cyber money is steadily growing. The popularity of bitcoin has generated the creation of other cryptocurrencies that are developing along with bitcoin, but their popularity and capabilities are much less. In some countries, including Russia, the government started warning people that investing in “cash” equivalents could lead to losses in case if there is a collapse of cryptocurrency (bitcoin). В статье делается попытка определить перспективы развития криптовалюты в Сингапуре, учитывая широкое распространение и использование криптовалют во всем мире. Автор рассмотрел порядок и методы государственного регулирования рынка криптовалют, дал характеристику некоторым криптовалютным торговым платформам, большинство из которых расположены в разных странах, что приводит к существенным различиям в плане регулирования со стороны властей и, соответственно, разным правилам для пользователей и компаний. Обобщены принципы работы бирж, где разрешено торговать деривативами. Оценивая развитие и рост рынка криптовалют, количество пользователей киберденьгами, автор отмечает, что популярность биткоина породила создание других криптовалют, которые развиваются наряду с ним, но их возможности существенно ограничены. В некоторых странах, в том числе и в России, власти предупреждают людей, что инвестирование в «денежные» эквиваленты может привести к убыткам в случае краха криптовалюты.
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JEL classification:
- G29 - Financial Economics - - Financial Institutions and Services - - - Other
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