Singapore, one of Southeast Asia’s richest countries, ranks highly in the cryptocurrency landscape. According to a Bloomberg report based on data from Henley & Partners, Singapore surpasses all other nations with its robust infrastructure and regulations tailored for the cryptocurrency asset industry.
Cryptocurrency Infrastructure and Licensed Firms
In Singapore, around 30 crypto firms based in the U.S., including Coinbase and Ripple 
$2, along with Hong Kong-based Futu, are licensed by the Monetary Authority of Singapore (MAS) to provide digital token services. MAS is also working on a digital Singapore dollar.
Incentives and Comparisons
Unlike other Asi...
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