Singapore should treat Crypto as infrastructure, not just a risk: coinbass

The Singapore current cautionary tone on Cripto could limit his future competitiveness, he warned the waitress, referring to the ambitious national strategy.

Crypto based on US-based Coin has called Singapore To download the braver access to digital, warning that the country could be behind if this continues to see the cry mainly as a risk.

In a recent A post on blogThe director of the Coinbase country for Singapore Hassan Ahmed warned that Singapore risks losing leadership if the cryptou approach was still cautious. Ahmed noticed that the country had already had a strong basis in digital finances, adding that it was at 2023. years “57% of the Singapore-Singapore residents of their own cryptocurrency.”

Coinbase calls Singapore to take several steps, including the start of the National Digital Property Strategy, given the establishment of a strategic bitcoin (Btc) Positions and facilitating the Gardel at a cripto approach retail.

“Limiting licensed actors from marketing Blura lines between regulated and unlicensed players – which is consumers to distinguish secure platforms from risky or unexplained alternatives. This is a special material in the world where digital fraud and a cheater grow more.”

Hassan Ahmed

Ahmed also added that Singapore should double into research and development, as well as absorbing and create a regulatory environment of sand.

Ahmed warned that other jurisdictions move faster, noting that Hong Kong responded to market feedback, the UAE is building a framework for more regulators, and UK also obliged that the main Brandst for CRYPTO.

As a cripto.news export Earlier, Singapore signals progress in becoming a global hub for crypto business, because the city state approved 13 new crypto licenses last year, doubles the number issued in 2023. years.