Singapore has been declared the global leader in blockchain technology according to a comprehensive study conducted by ApeX Protocol, a multichain liquidity platform. This analysis, which evaluated the world’s foremost cryptocurrency jurisdictions,

Singapore issues 13 crypto licenses, surpassing Hong Kong slower approval process, and strengthening its position as a crypto hub.

According to a Bloomberg report, Singapore issued 13 crypto licenses to various operators in 2024. This includes major players like OKX and Upbit and global

Singapore has been on the lead in approving crypto licenses in 2024, but Hong Kong lags behind, new report reveals.

The richest country in Southeast Asia has reportedly become the global leader in crypto adoption. Citing data from consultancy Henley & Partners, Bloomberg reports that Singapore is beating all other countries in embracing cryptocurrencies with the necessary infrastructure and rules the nation built for the digital asset industry.

Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction.

Singapore solidified its status as a leading digital assets hub in 2024, granting 13 crypto licenses to a mix of major exchanges and global operators, more than doubling the previous year’s approvals,