๐ Singapore is soaring in the crypto world, outpacing Hong Kong in 2024! With 13 new crypto licenses issued, including big names like OKX and BitGo, the city-state is becoming a magnet for digital asset businesses. This is more than double last year's count, showcasing Singapore's commitment to being a global crypto hub. ๐
While Hong Kong is trying to keep up, its stricter regulations have slowed progress, causing some firms to rethink their strategies. Singapore's streamlined approach and clear guidelines are winning the race, making it the go-to destination for crypto innovation and growth.