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’s crypto-friendly regulations and doubling of licenses in 2024 position it as a growing hub for blockchain innovation.
The upcoming regulatory framework could threaten a mass crypto exodus to the Middle East due to more favorable regulations.
Although no major crypto exchange was affected by the CrowdStrike downtime, analysts provided possible impacts in a case where they are.
The requirement also states that applicants must report customer complaints and emergent risks and be subject to SEC inspections, audits, and monitoring.
