Poging GOUD - Vrij
Singapore leads Hong Kong in race to become crypto hub
Mint Chennai
|December 25, 2024
Hong Kong's tight curbs on exchanges may have tipped the balance in favour of Singapore
Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction.
Singapore doled out 13 crypto licenses in 2024 to a range of crypto operators, including top exchanges OKX and Upbit, as well as global heavyweights Anchorage, BitGo, and GSR. That's more than double the licenses awarded by the city-state the previous year. A similar licensing regime in Hong Kong has been slow to progress.
Both cities are bidding to entice digital-asset firms to their shores with dedicated regimes, tokenization projects and regulatory sandboxes. Local authorities see in crypto the potential to boost the allure of their respective jurisdictions as global business hubs, but progress has been uneven.
Dit verhaal komt uit de December 25, 2024-editie van Mint Chennai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Chennai
Mint Chennai
Furlenco reinvents furniture rentals
Furniture rental startup Furlenco is doubling down on its premium offerings to fuel growth as it prepares for a public listing, according to founder and chief executive Ajith Karimpana.
2 mins
October 01, 2025

Mint Chennai
Real estate tokenization: Own premium properties for less
Investing in real estate located at premium locations is out of reach for most people, given the high upfront costs.
2 mins
October 01, 2025

Mint Chennai
Allied Blenders eyes single malt, expects twofold turnover in 5 yrs
Allied Blenders and Distillers Ltd (ABD), a homegrown spirits company, plans to enter the single malt whisky segment, amplifying its presence in the fast-growing premium segment of the alcoholic beverages, said its Managing Director Alok Gupta here on Tuesday.
1 mins
October 01, 2025

Mint Chennai
Lloyds’s new ₹25,000 cr steel bet stares at triple challenges
Primary steel unit will have to deal with demand uncertainty, higher costs and Maoist threat
2 mins
October 01, 2025

Mint Chennai
Why General Motors boss Mary Barra is slamming the brakes on lofty EV ambitions
Falling consumer demand and shriveling government support undermine GM's all-electric plans
8 mins
October 01, 2025

Mint Chennai
89 Maharashtra pharmacy colleges face action over lapses
The Pharmacy Council of India (PCI) has barred 89 pharmacy colleges in Maharashtra from admitting first-year students for the 2025-26 academic session, after inspections revealed lapses including insufficient teaching staff, as well as poor infrastructure and safety measures.
1 mins
October 01, 2025
Mint Chennai
CoreWeave inks $14 bn Meta deal to power AI
CoreWeave Inc. has signed a deal to supply Meta Platforms Inc. with as much as $14.2 billion worth of computing power, underscoring the massive costs of developing and running advanced AI models.
1 min
October 01, 2025

Mint Chennai
Boeing starts working on 737 MAX replacement
Boeing is planning a new single-aisle airplane that would succeed the 737 MAX, according to people familiar with the matter, a long-term bid to recover business lost to rival Airbus during its series of safety and quality problems.
4 mins
October 01, 2025

Mint Chennai
The FAA shouldn't let Boeing certify its own planes so soon
Reducing oversight while the firm ramps up production is risky
3 mins
October 01, 2025

Mint Chennai
Namma Yatri shifts gears: Cabs power revenue growth engine
Bengaluru-based mobility startup Namma Yatri, which launched on-demand auto-rickshaw services three years ago, now generates a significant share of its revenue from cabs as it expands into Bhubaneswar, Chennai and Kolkata.
1 mins
October 01, 2025
Listen
Translate
Change font size