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🇸🇬 Singapore Leads Asia in Crypto Licenses
Chart: Independent Reserve Singapore Crypto Index 2024. Source: Independent Reserve.
Singapore issues 13 crypto licenses in 2024, doubling previous year's count. OKX, Upbit, BitGo among approved entities. Hong Kong lags with only seven fully licensed platforms.
💡 Quick Take: Singapore is becoming the leading hub for crypto in Asia. Previous licensing waves led to significant market activity in the region. Watch for new exchange listings and partnerships in Singapore. The regulatory clarity typically attracts institutional money within 3-6 months.
Check all details here 👈
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