Singapore's effort to control crypto companies That Call the city state home but aren’t there
So it's understandable that many crypto companies – especially those based in Asia – choose Singapore. If your only asset is code and the team distributed, you can get picky about the jurisdiction in which you want to register. Why deal with Taiwan’s sclerotic bureaucracy when you can instead pick somewhere that operates with a sense of urgency?
In the reporting on the issue, there wasn’t much discussion of why this is occurring, nor was there mention of a particular event that spurred this decision.
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First Mover Asia: DBS Bank's Ditching Retail Exchange Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Bitcoin Rises Late SundayIf DBS were to launch a retail crypto exchange it wouldn’t look like what many retail traders are used to seeing. There would be a limited selection of tokens, and DeFi would be out of the question; BTC rises late. thesamreynolds and JPRubin23 report thesamreynolds JPRubin23 FIRST & LAST🧩RARE & UNIQUE HISTORICAL NFT 💎 FROM THE DAY $BTC WAS LEGALIZED IN UKRAINE DURING WARTIME🇺🇦 WITH VIDEO PROOF🎬 Find Opensea - DiegoTenerife ; Instagram- diego_tenerife ; Cryptocomnft - DiegoTenerife StandWithUkriane we`ve complete this for fans ! They promised for a very long time, and finally really did it) Who waited put ❤️ thesamreynolds JPRubin23 BE PART OF THIS AMAZING AND EXTRAORDINARY ADVENTURE... XMetaverse_ is new Defigame that can exceed your expectations... The first blockchain play-to-earn galaxy 3D game... XmetaArmy
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