Singapore is once again igniting a wave in the cryptocurrency sector! 🎉 In 2024, the number of cryptocurrency licenses issued in Singapore is twice that of last year, attracting numerous Web3 companies. William Croisettier, Chief Growth Officer of ZKcandy, pointed out that Singapore is rapidly emerging as a cryptocurrency hub in Asia, thanks to its innovation-friendly regulatory framework. 🏆

Singapore's risk-adjusted regulatory approach not only protects investors but also facilitates collaboration between crypto companies and local banks, which is rare on a global scale. Mouloukou Sanoh, co-founder of MANSA, believes this will further solidify Singapore's position as a global blockchain leader. 🔗

With clear regulations and support for innovation, Singapore has become a global leader in the blockchain field, standing in stark contrast to Hong Kong's cautious approach. 📈