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A fintech hub turned early crypto adopter, Singapore raised billions through ICOs. Cue parties on yachts and at luxury villas. But after the collapse of homegrown crypto darlings Terraform Labs and Three Arrows Capital, the No. 2 spot in CoinDesk’s Crypto Hubs 2023 is searching for the right regulatory balance to encourage crypto without getting burned again.

By Roman Tkhorik, Nikhilesh De, Invited Guest

Nov 10, 2022 at 2:25 p.m. UTC

Updated Jul 10, 2023 at 2:10 p.m. UTC

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[1] The blockchain that supports the world’s second-largest cryptocurrency by market capitalization. The network is called Ethereum and the actual currency is called ether. The Ethereum network directly incorporates smart contracts and provides the basis for many other digital currencies and projects, including decentralized apps (dapps), non-fungible tokens (NFT) and decentralized finance (DeFi).

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This article was originally published on Nov 10, 2022 at 2:25 p.m. UTC

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