This has been a breakout year for cryptocurrency, with the digital asset industry growing faster than ever to a market cap of around $3 trillion. But for all the expansion, the future is still unclear, essentially because cryptocurrency is not real money and lacks a proven track record as an asset class.
This has been a breakout year for cryptocurrency, with the digital asset industry growing faster than ever to a market cap of around $3 trillion. But for all the expansion, the future is still unclear, essentially because cryptocurrency is not real money and lacks a proven track record as an asset class.
When Singapore's central bank gave the green light to three entities to offer digital payment token services including cryptocurrencies earlier this year, the news was met with much fanfare. Observers at the time said the move would cement Singapore's status as the leading crypto-financial hub in Asia and likely herald a wave of crypto-related businesses moving to the city state..
SINGAPORE (THE BUSINESS TIMES)- Singapore fintech company Fomo Pay on Tuesday (Dec 14) announced that it has joined the DBS Digital Exchange (DDEx) as a member.. Read more at straitstimes.com.