Why Singapore’s institutional investors could soon warm to cryptocurrencies
Singapore's aim to become the world's greatest crypto hub is being backed up by regulation. Will institutional investors follow suit? Experts believe it's only a matter of time.
Singapore's efforts to regulate cryptocurrency operators are moving crypto closer to the mainstrean and could encourage institutional investors to hold the asset class in the near future, experts believe.
The Monetary Authority of Singapore (MAS) last week announced that it was ready to grant operating licences to several cryptocurrency firms, part of government moves to turn Singapore into a leading cryptocurrency hub for the region.
In 2019, the regulator announced exchanges a…
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