SamsungShine
Sat Jun 08 2024
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6 answers
1321
Is Singapore a crypto-friendly country?｜, with a score of 67.47 out of 100. In Singapore, 11.1% of the population holds crypto assets despite the 61.3% gap in the cost and profit of mining one bitcoin.Singapore ranked 9th amongst the world's most crypto-friendly countries
Could you elaborate on why Singapore is considered a crypto-friendly country? With a score of 67.47 out of 100, how does it manage to rank 9th globally? Despite the significant cost-profit gap of 61.3% in mining one bitcoin, what factors contribute to the 11.1% of the population holding crypto assets? Are there specific policies or regulatory frameworks that make Singapore attractive for crypto enthusiasts?
