Singapore's blockchain industry welcomes new dynamics! 🎉

According to ChainCatcher, Bloomberg reports that the Monetary Authority of Singapore has issued digital token service licenses to about 30 payment companies, including the U.S. companies Coinbase and Ripple, as well as Hong Kong's Futu. Meanwhile, the Singapore central bank is also actively exploring the development of a digital Singapore dollar.

Globally, the U.S. has approved spot ETFs for Bitcoin and Ethereum, further promoting the mainstream adoption of cryptocurrencies. According to a survey by Independent Reserve, about 40% of Singaporean investors have ventured into the cryptocurrency space.

In the future, if Trump returns to the White House and supports the crypto industry, Singapore may see more opportunities in 2025. 🔍