Singapore issued 13 crypto licenses in 2024, pulling ahead of Hong Kong, where authorities have been more cautious, in the race to become a regional crypto hub (Suvashree Ghosh/Bloomberg)


Suvashree Ghosh / Bloomberg:

Singapore issued 13 crypto licenses in 2024, pulling ahead of Hong Kong, where authorities have been more cautious, in the race to become a regional crypto hub  —  – Both cities have tried to attract crypto firms to their shores  — Hong Kong authorities have been cautious handing out permits

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