- December 15, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The post Singapore Leads Asia’s Crypto Boom Amid Bitcoin Surge appeared first on Coinpedia Fintech News
Bitcoin’s surge past $100,000 is boosting Singapore’s crypto ambitions. Known for its crypto-friendly policies, the country leads Asia in digital asset adoption, with firms like Coinbase and Ripple licensed to operate. Despite setbacks from Terra and FTX collapses, Singapore’s infrastructure and investor interest remain strong. Around 40% of Singaporeans hold crypto, fueled by global ETF approvals. However, the Monetary Authority of Singapore stays cautious, restricting retail access to spot ETFs. As optimism grows, 2025 could solidify Singapore’s crypto dominance, especially with potential U.S. policy shifts under Donald Trump’s pro-Bitcoin stance.
