A look at the legal status of crypto in Asia, where new crypto hubs are emerging and thriving despite uneven regulation.
Singapore, the Republic of Singapore, is a city-state located on an island in Southeast Asia and shares borders with Malaysia and Indonesia. Singapore has a strong economy with a favorable investment climate, a competitive environment, and a high level of education and welfare. In this way, for companies that work with Bitcoin, Singapore is a good place to set up a business because cryptocurrency is allowed to be used in Singapore and has governmental support. Moreover, Singapore was one of the first countries to start regulating the usage of digital currencies in 2014 by imposing taxes on it. In terms of blockchain technology, authorities in Singapore are interested in applying this technology to their advantage.
The cases of the robber’s two accomplices are still pending.3686
DAML smart contract language is now used for digital bonds.10090
The digital Swiss franc issuer is now licensed as a "digital asset trading facility."15035
The Vienna Stock Exchange and the Singapore Exchange are warming up to cryptocurrency.15224
The EOS-based DeFi project announced a token swap to support its newest product.3778
Singapore’s crypto industry association is providing resources for local firms as they navigate new regulatory requirements.2932
Huobi makes a pitch to those who ”want to earn a good profit worry-free.”4263
Liquid exchange plans to delist major privacy coin Zcash in an effort to play nice with Singaporean regulators.9632
Blockchain payments project Ubin can lay the financial blueprint for countries looking to explore crypto tech in a fully regulated manner.8286
The Singapore Fintech Association and R3 have entered a partnership to provide startups in the SFA network with access to R3’s Corda blockchain.2486
The Monetary Authority of Singapore is ready to deploy its multi-currency blockchain payments project for commercial use.13444
Day three and four of the Unitize virtual conference saw speakers focusing on the challenges of, and opportunities for, greater blockchain adoption.4055
Blockchain experts discuss how institutions will play a major role in the mass adoption of blockchain-based financial infrastructure.4102
There are 234 companies in Singapore’s blockchain landscape.7070