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What do you know about the crypto market in Singapore? | Forum

Topic location: Forum home » Support » General Questions
Finn
Finn Nov 20 '23

To be honest, I'm new to the crypto industry. So I am just starting to get acquainted with this area and read more about it, as well as its development in other countries. So, where can I learn more about the connection between crypto and Singapore?

Judie Ronn
Judie Ronn Nov 20 '23
Singapore https://www.thestreet.com/cryptocurrency/singapore-forces-crypto-exchanges-to-move-cryptocurrencies-to-a-trust is actively developing as a center of fintech and blockchain technologies. The country has established the Fintech Innovation Center and the Blockchain Technology Lab, which stimulates the development and implementation of new ideas. Singapore is home to numerous cryptocurrency exchanges and blockchain startups. Exchanges such as Huobi and Binance have chosen Singapore as their base, which is a testament to the country's attractiveness to such businesses.
Bonnie Bin
Bonnie Bin Nov 20 '23
I know that Singapore's central bank, the Monetary Authority of Singapore (MAS), is exploring and experimenting with central bank digital currencies. This may indicate that the country is actively exploring new technologies to modernize its financial sector.
farhan
farhan Dec 5 '23
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Roman
Roman Feb 23
Chciałbym podzielić się przydatnym portalem finansowym, który pomógł mi zarejestrować się na niezawodnej singapurskiej giełdzie kryptowalut Bitget. Również dzięki niemu dowiedziałem się, czym są CBDC i czym różnią się od kryptowalut. Zasadniczo jest to waluta cyfrowa emitowana przez bank centralny, a nie bank komercyjny. Istnieją dwa główne modele, do których najczęściej odnoszą się CBDC: detaliczny i hurtowy.
james an
james an Apr 4
This category encompasses all cryptocurrencies other than Bitcoin. Altcoins may use different consensus mechanisms, such as proof-of-stake (PoS), delegated proof-of-stake (DPoS), proof-of-authority (PoA), or non gamstop casinos variations of PoW.
The Forum post is edited by james an Apr 4
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