Over 300 applications for Singapore crypto licence, while Russia holds back
Not all countries develop the same. And while many factors are usually responsible, the ability to embrace the future is key. Singapore, with its comprehensive crypto legislation, is a good example, and it has already received over 300 applications for its crypto exchange licence, including those from Google and Alibaba.
Meanwhile, the Russian online bank Tinkoff got pushed back by the country’s Central Bank when asking for a permission to offer crypto, even to its accredited investors – a practice already existing in the US, Europe and many Asian countries.
Well, not everyone is into fintech ?
