Singapore's Prime Minister Tharman Shanmugaratnam said the country's government will "not ban" cryptocurrency.
In Asia, Japan and Singapore are the best markets for cryptocurrency and blockchain in recent years. In China, Vietnam, Indonesia banned bitcoin and the cryptocurrency market, Singapore was very active in developing Blockchain and cryptocurrency markets.
singapore received cripto currency because the technology and the country's financial system have been very supportive, while countries like Indonesia did not happen because the financial system has not been able to support the technology, maybe in the future that other countries will apply the technology of cryptocurrency.
such as japan, america and other developed countries.
I hope so, many countries that support blockhcain and cryptocurrency technology by adopting the system and technolagi finance that has been developed by developed countries, especially Asian countries so asia has legalized crypto