With the growing interest and use of Bitcoins and other cryptocurrencies worldwide, May 2013 saw the formation of the Association of Crypto-Currency Enterprises and Start-ups, Singapore (ACCESS).
Bitcoin as a community based technology is clearly the organisation’s focus. ACCESS aims to harness the potential of Bitcoin as a promising open-source project and peer-to-peer network. ACCESS will nurture the local ecosystem and the opportunities it creates for entrepreneurs, investors, and citizens in Singapore.
ACCESS is a fully registered society with the Registry of Societies under the Ministry of Home Affairs. ACCESS’s members represent various businesses within the Singapore bitcoin and other cryptocurrency ecosystem, including exchanges, merchant transaction services, vending machines and miners. As a condition of membership, members must abide by a Code of Conduct.
Broadly, ACCESS aims to facilitate legitimate use of cryptocurrencies in Singapore, promote Singapore businesses using cryptocurrencies and lower the cost of business transactions.
ACCESS has the stated objectives of promoting Singapore globally and industry-wide as the premier location for the development of businesses and services built upon cryptocurrency platforms and technologies. Further, to promote the use, adoption and development of digital currency technologies in Singapore, through education and effective, appropriate and timely communication with the relevant authorities.
ACCESS seeks to provide a united public voice and platform for the Singaporean cryptocurrency community. It is this united voice that will speak to and engage authorities, building a world-class climate for the creation of jobs and growth in this emerging industry.
Promoting the development, dissemination and adoption of best-practices by Singaporean digital currency businesses and other industry participants is high on the organization’s list of priorities. They will also be looking to counter illegitimate use of the technology, as such activity tarnishes the reputation of all businesses involved in the ecosystem.
Anson Zeall, ACCESS’s Chairman, when giving his views on ACCESS during the Inaugural General Meeting, said that:
“ACCESS aims to provide an open and clear dialogue between Singapore cryptocurrency businesses and the wider public, including regulators. With the forming of our association, we will help facilitate an ecosystem where Singapore can be a hub for cryptocurrencies businesses to grow and create jobs related to this new and growing technology.”
ACCESS member’s include notable startups in the Singapore cryptocurrency space including: itBit PTE. LTD., Tembusu Terminals PTE. LTD. and CoinPip PTE. LTD. The organisation held its first Annual General Meeting on 13 June 2014 which saw the attendance of 14 members of ACCESS. The first executive committee of 7 members was elected during the AGM which include:
Chairman: Anson Zeall, CoinPip PTE. LTD.
President: Antony Lewis, itBit PTE. LTD.
Secretary General: Jarrod Luo, Tembusu Terminals PTE. LTD.
No doubt the local Singapore Bitcoin community and ecosystem will benefit from a united voice. It can only be hoped that representation by ACCESS will also create necessary and appropriate content, standards and guidelines of best practice for interacting with the technology. Along with reducing knowledge barriers to entry this will help grow the ecosystem organically.
The ACCESS organisation can be contacted directly here.
The BlueCoin Phenomenon
BlueCoin is very serious about their chosen theme. Taking cue from the cultural antics of the Dogecoin community, the founders of BlueCoin have been trying to give it something of a personality. They announced an official BlueCoin afterparty to ...read more
Ripple Labs CTO Designs Smart Contracts
Stefan Thomas is one of the more talented and respected developers in the space. An old hat at this young technology, he has been making waves as the CTO of Ripple labs. In a recent effort he has set ...read more
American court stops Mt. Gox from auctioning Bitcoin domain
A United States court issued a temporary order to forbid the sale of the domain Bitcoins.com, which is still owned by the CEO of the defunct cryptocurrency exchange Mt. Gox. Mark Karpeles announced the auctioning of the domain two weeks ago. The injuction ...read more
New York-based Coinsetter evolves to “full US Bitcoin exchange”
Following the recent presentation of the first BitLicense draft, the Bitcoin-related set of rules that will regulate the crypto-economy in New York, the local exchange Coinsetter announced its evolution from beta stage to “full US Bitcoin exchange”. “Today, we’re pleased ...read more
Building a Bitcoin Economy: How to Close the Loop
This guide is a continuation of a previous article at http://bitcoinmagazine.com/13104/building-bitcoin-economy-stimulate-adoption/ If you or someone in the area has been preaching crypto for a while, you probably have a few nearby businesses accepting Bitcoin by now. This is an important first ...read more
#OffTheCouch: Award-winning Film Could Bring Bitcoin to 1,000 High Schools
The Corporation Film’s Crypto Challenge from Hello Cool World on Vimeo. For its 10th year anniversary, “The Corporation” is raising money for a re-release shown to 1,000 schools across North America. Their original fiat campaign closed at $30,000, and they’re ...read more