Singapore to become Asia’s next crypto hub with 'risk-adjusted' regulation

Singapore’s crypto-friendly regulations and doubling of licenses in 2024 position it as a growing hub for blockchain innovation.

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Singapore is becoming a key destination for Web3 companies after it issued twice as many crypto licenses in 2024 as in the previous year.

Singapore may emerge as the next major cryptocurrency hub in Asia thanks to its innovation-friendly regulatory regime, according to William Croisettier, chief growth officer of ZKcandy.

He told Cointelegraph:

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