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Singapore SGX financial exchange blockchain

Publish: 2021-05-09 11:23:45
1.

Singapore: digital currency exchanges need to apply for a license to operate in compliance with regulations. Souwei can develop Singapore blockchain digital currency exchange xrv522 , Singapore's minister of ecation ong Ye Kung said on behalf of the Singapore Monetary Authority (MAS), MAS will consult relevant instries in the near future, and formally introce the implementation measures and exemption provisions of the bill. This bill will directly affect many digital currency exchanges, wallets and OTC platforms in the Singapore market, and will comprehensively supervise the related businesses from the aspects of risk control and compliance

2. Yes, but you have to register a Singapore company to issue currency in Singapore. We also have to do "compliance", that is, Singapore ICO legal compliance legal opinion. The Singapore foundation is the main choice for most digital currency projects. The requirements of foundation registration for directors and shareholders of the company are loose, and there is no need for foundation registration&# 8204; Guo & Chen 8204&# 8204; It can be a natural person of any nationality. A natural person must be at least 18 years old. In Singapore, we can legally develop the blockchain instry. You can also go to the exchange to issue money.
3. What are the connections between the blockchain and the foundation and what problems will they encounter?
when many people are doing blockchain, they usually register a foundation to run with ordinary companies. Compared with Singapore foundation, what are the common problems when they register a Singapore foundation to do blockchain, Below, we will sort out and share some of our customers' concerns with you
1. Does the registration fee include the cost of the white paper
A: No, the legal adviser is a personalized business, and the fee depends on the project. The legal adviser can provide services in the whole process. Including the revision of the legal provisions of the white paper, and the issue of professional legal opinions on relevant laws and regulations such as the non securities nature of the token. ICO is the legal consultation in the process of issuing currency

2. About the Singapore foundation. Why should there be a company to operate and what is the relationship with the foundation? Why not register a company directly for ICO and exchange docking
A: the foundation is a public welfare organization and a public sector. It is more concive to attract investment and technology development to use the foundation to issue blockchain. It can also be directly ICO through ordinary companies. It depends on how customers want to operate
3. Isn't ICO a way to raise funds?
A: Yes. Participate in the crowdfunding of the project with the existing real value currency, and exchange for the new cryptocurrency issued by the project. The advantage of fundraisers is that they get the funds to carry out the project, while the participants want the project to be successful. In this way, the newly issued cryptocurrency in their hands is likely to appreciate and arbitrage. The so-called ICO means that investors use bitcoin and other ready-made virtual digital currencies to exchange for new tokens issued by ICO projects. Because there are few new currency owners and the price fluctuates greatly, the selling price on the exchange is likely to be much higher than the issuing price. The sponsors of ICO project use the traditional digital currency to exchange RMB and other legal currencies in the exchange, and then put them into the designated technical projects
4. Why not raise funds through common channels
A: the threshold of common channels is low, and there is no regulatory department. The risk is high
5. How to set up an exchange
A: you can choose an exchange according to your own situation. Generally, you should have strong experience in digital asset security management. There are many platforms
6. Why do you need to make a legal opinion
according to Singapore's financial law and securities law, if a virtual currency with securities nature needs to apply for a special financial license, so it needs to prove that the project does not contain securities nature, it needs a lawyer to issue a legal opinion on the non securitization of token and a legal opinion on compliance of white paper to prove the legality and compliance of the project, both of which are required by most customers
7. How can a registered Singapore foundation open an account in a bank
first of all, there is no need to open an account for a registered public non-profit foundation, and it is useless to open an account because the nature of the foundation itself is non-profit. When it comes to the next year's audit, can't it explain the income and expenditure of the bank account with the monetary authority? Second, the bank has a choice of customers. If the bank is told to do blockchain, the bank will not accept opening an account; Third, whether it's private placement or public offering, all the money raised are virtual currencies like Ethereum bitcoin. Ordinary bank accounts can't accept these currencies, so I don't recommend opening an account in a bank.
4. 1. Mining doesn't require you to press e to watch animation to dig slowly. It's too slow. Take the ck's beak hoe to attack the ore directly. If you use double holding and attack speed dragon roar, you will become a rotating excavator
2. After a forward attack, if you continuously tap the left button, you will trigger a continuous infinite jump chop. Don't think it's a hidden move. In fact, it's just a light hit to damage the pit father bug of B club;
5.

No, countries have never supported any virtual currencies, including global payments

in recent years, "virtual currency" represented by bitcoin, ethereal currency and Leyte currency has been centralized trading on some Internet platforms. With the help of financial technology, the price of these "currencies" has graally spread to investment, financing and other financial fields, which has aroused wide attention from all walks of life

not long ago, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the financing risk of token issuance, which clearly regulated the relevant behaviors. Experts pointed out that "virtual currency" is not legal tender issued by monetary authority, but a specific virtual commodity in essence

therefore, it is undoubtedly a great legal and economic risk to think that "virtual currency" has or will have the nature of legal tender and to carry out speculation, network fund-raising, lending and financing

< H2 > extended data

be alert to the risk of virtual currency

after the regulatory authorities have made clear their attitude, although bitcoin China, huocoin.com and other "virtual currency" operators have successively taken restrictive measures on the trading platform, the risk of "virtual currency" speculation still deserves high vigilance

in response, the China Internet Finance Association also said in the "tips on preventing the risks of bitcoin and other so-called" virtual currencies ", that bitcoin and other so-called" virtual currencies "lack a clear value basis and are increasingly becoming tools for money laundering, drug trafficking, smuggling, illegal fund-raising and other criminal activities

investors participate in speculation through the "virtual currency" trading platform, and face the risk of price fluctuation, security risk, platform technology risk, etc., which need to be borne by investors themselves

6. It's expensive. It's a lot more expensive. Singapore is cheap and highly recognized, with perfect follow-up services.
7. Now the most mature market for blockchain technology is digital currency. Therefore, if you want to build a blockchain, you should enter the currency circle first. To build a blockchain overseas means to build an ICO overseas. You can first choose countries with loose policies, such as Singapore and Switzerland, and then set up entities, such as the Singapore foundation. With the support of legal compliance, you can buy currency on major digital currency exchanges. The specific process can consult a company called Siyi unicorn.
8.

Hello, I'm glad to answer for you

Singapore is the holy land for the registration of blockchain projects, because the Singapore government is responsible for the registration of blockchain projects&# 8204;&# 8204;&# 8204; The development of the chain is supportive. In addition, there is a special law firm in Singapore to provide legal advisory services for the foundation. That's why such a big company likes to register a foundation in Singapore< so what preparations are needed to register a foundation in Singapore

First: the name of the foundation should be provided

Second: at least two registered persons should be provided. We provide the following information: registered address in Singapore, directors of Singapore nationality, guarantee of lawyers and auditors in Singapore, secretary in Singapore, and first year service fee

the registration time is generally 15 to 25 working days: after the registration, you will get these documents: registration certificate, registration paper, articles of association, official seal, steel seal, announcement of registered address, announcement of company establishment, authorization of Singapore directors, authorization of secretary, discipline of the first meeting, and exquisite file box

to register a foundation is only the first step, and the next most important thing is compliance. There are many compliance reports, focusing on the white paper and token reporting. The white paper is also equivalent to our usual business plan. After it is written, it needs professional Singapore lawyers to revise it to make it conform to Singapore's laws and regulations

The white paper has three main functions Second, to persuade investors and make them feel at ease

thirdly, it is necessary to use in the stock exchange

for these three purposes, we will write and revise the white paper. There are also token reports, which need Singapore lawyers to do. After this is done, Singapore MAS will not come to check you. You can work with ease

the above answers are for your reference. I hope they can help you. You are welcome to praise us and pay attention to us. Thank you

9.

Blockchain Singapore foundation, a non-profit public guarantee company, can be used as an overseas main company platform for issuing currency. It can be used to issue currency and trade on the exchange. This nature of the company to bear the responsibility of small, the registered capital is also a Singapore dollar. This kind of subject company is more in line with the spirit of blockchain

advantages of registering the main company in Singapore

1. Moderate registration fee and high cost performance in Singapore

2. Mature blockchain ICO market and perfect legal services. In the later stage, the exchange can issue legal compliance opinions

The Singapore government supports and encourages the development of blockchain projects

Singapore has stable politics, developed economy, solid infrastructure and good business atmosphere

information required for registration of Singapore foundation

1. Name of Singapore Foundation: (in English, with foundation ending with Ltd)

2. Provide information of 2 directors)

3. Business scope; Two help options are available

4. The registration time is generally about 10 working days

engaged in block chain ICO in Singapore and listed on the stock exchange. You only need to register a non-profit foundation principal company and issue relevant legal opinions later, then you can start the project legally. This will also make the project more credible and persuasive, and increase the confidence of investors

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