Main Takeaways:
I- Innovative Regulatory Framework: Proactive approach fosters innovation by providing a clear legal framework for digital asset services providers. 📑
II- Investor Protection: Robust regulations ensure a secure environment for investors, mitigating risks associated with fraud and malpractices. 🔍
III- Market Confidence: Clear guidelines and regulations brings out confidence in the market, for national and international players. 💵
IV- Startups Growth: The regulatory environment encourages the growth of digital assets startups with a great ecosystem that helps funding and development. 🚀
V- Global Hub: Singapore's regulatory clarity positions it as a global hub. 🌍
VI- Financial Inclusion: Impulse diverse range of participants, including small and medium-sized enterprises to blockchain financial services. 📊
VII- International Collaboration: Regulatory approach emphasizes collaboration with international players. 🔗
VIII- Transparency and Compliance: Regulations promote transparency in financial transactions and ensure that businesses work in compliance with legal standards. ✅
Notwithstanding above mentioned, #Singapore has positioned itself as main player in the global digital assets landscape. 🏆
“Just Feel it…” 🎶
Joaquim Matinero Tor
Banking-financial & Blockchain lawyer
