Singapore should treat crypto as infrastructure, not just risk: Coinbase
Singapore’s current tone of caution on crypto could limit its future competitiveness, Coinbase warned, urging a more ambitious national strategy.
U.S.-based crypto exchange Coinbase has urged Singapore to take a bolder approach to digital assets, warning that the country could fall behind if it continues to view crypto mainly as a risk.
In a recent blog post, Coinbase’s country director for Singapore Hassan Ahmed warned that Singapore risks losing its lead if it continues to take a cautious approach to crypto. Ahmed noted though that the country already has a strong foundation in digital finance, adding that as of 2023, “57% of finance forward Singapore residents own cryptocurrencies.”
Coinbase is urging…
