🇸🇬 Singapore central bank doesn't see tokens as securities

Speaking at the CoinDesk Consensus Singapore 2018 conference Damien Pang, of the Monetary Authority of Singapore (MAS) said that his office had yet to see a token that should be registered under the country's securities laws. Pang's is the head of the technology infrastructure office for fintech and innovation at the MAS, which was responsible for publishing a guide on token offerings last year. During his comments, Pang further commented that the MAS doesn't evaluate tokens at a single point in time, and that its classifications could change depending on current and future properties of a token.