Singapore’s Crypto Industry Dominance: Recent studies highlight Singapore’s dominance in the crypto market, boasting 1,600 blockchain patents and 81 active exchanges. Its proactive regulatory framework encourages innovation, making it a model for other nations.
Historical Foundation for Innovation: Since its independence in 1962, Singapore’s leaders embraced technology. The 2019 Payment Services Act showcases its supportive regulations for Central Bank Digital Currencies, attracting global crypto entrepreneurs.