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Singapore’s Regulatory Framework Boosts Digital Asset Innovation
Singapore’s Regulatory Framework Boosts Digital Asset Innovation
22
3
BTCCSquare news:
Singapore is solidifying its position as a global leader in digital asset adoption, driven by progressive regulatory frameworks and institutional participation. DBS Bank, Southeast Asia's largest financial institution, has emerged as a key player through its digital asset exchange and public advocacy for blockchain integration.
The Monetary Authority of Singapore's (MAS) collaborative approach with industry participants has created unprecedented clarity for market participants. Evy Theunis, DBS's Head of Digital Assets, highlighted this strategic advantage during a recent Chainalysis podcast, noting how consultation papers and open dialogues have accelerated institutional adoption.
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