Singapore is taking the lead in the race to become the world’s next crypto hub. Here’s how they’re pulling ahead of Hong Kong.
In 2024 alone, Singapore granted 13 crypto licenses to major players like OKX, Upbit, Anchorage, BitGo, and GSR. That’s double the number of licenses issued last year!
Meanwhile, Hong Kong’s licensing efforts have been slower to gain traction, leaving the city-state as the clear front-runner in the digital-assets race.
Singapore’s proactive approach and streamlined policies are attracting global crypto giants, solidifying its position as a go-to destination for digital assets
With momentum on its side, Singapore is proving it’s more than ready to shape the future of cryptocurrency. Are you ready to join the movement?
Source: Bloomberg
