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Singapore Emerges as a World Crypto Hub: 4th Most Crypto-Friendly City Globally


Updated: April 26, 2025 21:10

Image Source: Blockchain News
Singapore has cemented its status as a top hub for digital asset innovation, coming in at the 4th most crypto-friendly city globally in the 2025 Crypto-Friendly Cities Index by Multipolitan. The acknowledgment reflects the city-state's dedication to having a thriving blockchain ecosystem through innovative regulations, secure infrastructure, and a dynamic tech ecosystem. Here's a close-up look:
 
Global Ranking:
  • Singapore placed 4th, after Ljubljana, Hong Kong, and Zurich, in the Crypto-Friendly Cities Index 2025.
  • The ranking is an indicator of Singapore's long-standing commitment to fintech growth and regulatory transparency.
Innovative Regulations:
  • Singapore's Monetary Authority (MAS) has introduced industry-specific licensing structures, striking a balance between innovation and consumer protection.
  • The city-state's no or low tax policies also contribute to its attractiveness for crypto companies and investors.
Flourishing Tech Ecosystem:
  • Singapore has a thriving tech ecosystem, with many blockchain startups, accelerators, and research institutions leading innovation.
  • The city is an experimentation ground for tokenized economies and crypto-first public services.
Generational Shift:
  • Millennials and Gen Z are embracing crypto at rates as much as three times that of Baby Boomers, fueling demand for decentralized finance (DeFi) and tokenized assets.
  • This generational shift is transforming financial behavior and wealth management.
Future Opportunities:
  • Tokenized real-world assets are predicted to unlock a $2 trillion opportunity by 2030, garnering institutional investment from players such as BlackRock and Goldman Sachs.
  • Singapore's strategic position as a bridge between Asia and the world consolidates its position in the international crypto ecosystem.
The acknowledgment reiterates Singapore's leadership role in the blockchain revolution, paving the way for future growth and development in the digital finance sector.
 
Sources: Singapore Business Review, Coinpedia, Cointelegraph

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