Everyone is looking at El Salvador to be “the home” of Bitcoin, but I believe Singapore is better to be the true hub of the Bitcoin industry, with serious players.
Singapore has made a lot of effort on the technological sector. It cannot be said of El Salvador.
Singapore has clean governance, and almost zero corruption. El Salvador’s government structure might be corrupt everywhere from the bottom to the top.
Singapore’s banking industry is what made the country develop into one of the richest countries in the world. It can further develop by embracing the Bitcoin industry.
It must be admitted that Singapore is one of the countries with the best banking industry development in Asia or maybe the world, with a government that is clean of corruption, it makes world investors happy to invest in Singapore, actually there are many big projects based in Singapore but I see no serious support from the state with crypto.