Bitcoin BTC Price Maintains $30K as ‘the Economy Isn’t Breaking Just Yet’
It is the most competitive fintech hub in the Asia Pacific region, according to the 2023 Global Financial Centres Index, edging out Hong Kong, and a regulatory leader for crypto. In 2020, the Monetary Authority of Singapore (MAS) passed the Payment Services License Act. “There were all these companies that were all rushing to Singapore to apply for the license because it was actually the first regulator in the region that had a proper digital-assets licensing framework,” said Pamela Lee, head of APAC sales at Talos, developer of institutional-grade technology for digital-asset trading.
Source: CoinDesk
