Deep Tide TechFlow News, on December 14, according to Bloomberg, about 30 payment companies have currently obtained digital token service licenses issued by the Singapore central bank, including the American companies Coinbase and Ripple, as well as the Hong Kong-based Futu.

With the U.S. approving spot ETFs and Trump being re-elected president, the acceptance of cryptocurrency among Generation Z and even the Baby Boomer generation is continuously rising, and the Singapore central bank has also begun experimenting with a digital Singapore dollar. According to a survey by the exchange Independent Reserve earlier this year, about 40% of Singaporean investors own cryptocurrency.