MAS does not set requirements on whether businesses can accept digital payment tokens as payment. Read more at straitstimes.com.
SINGAPORE - With stools spilling out of its shopfront and a queue of patients running out the door, the Zenith Medical Clinic in Punggol looks like any other clinic in the heartlands.
One perk of accepting payments in this form is that the clinic does not have to pay fees to use these services, said Dr Paul Ang, 36, pointing out that credit card companies can charge more than 2 per cent per in fees on each transaction. He puts that down to the belief among crypto investors that the value of digital currencies will appreciate.
He first became interested in cryptocurrency about six years ago after reading books that reinforced his belief in the value of digital tokens as a form of currency more independent from the control of banks and government than cash.
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This Punggol clinic accepts payment via bitcoin and ether, calls credit card fees 'predatory taxes'SINGAPORE - With stools spilling out of its shopfront and a queue of patients running out the door, the Zenith Medical Clinic in Punggol looks like any other clinic in the heartlands. But there is one key difference, patients at this clinic can choose to pay their doctors using cryptocurrency. The doctors who run the clinic, brothers Paul Ang and...
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