- Singapore opens its doors to the crypto world.
- Gemini celebrated its first anniversary in the country.
The country of Singapore continues to open its doors to the crypto world. In fact, the biggest names in the crypto industry are now starting to move in the country. For instance, the Gemini exchange, a crypto exchange founded by the Winklevoss twins, had just celebrated its one year anniversary in Singapore.
Jeremy Ng, the head of Gemini Asia Pacific, explained:
“Anchored by support for the Singapore dollar (SGD), we are thrilled to see the continued expansion of our regional headquarters as Gemini becomes a leader in the APAC crypto landscape.”
Moreover, the Binance exchange executive, Changpeng Zhao (CZ) also plans to move to the country. This movement of CZ is probably due to the left and right restrictions made by some countries globally to Binance.
On the other hand, El Salvador is also a country like Singapore with very friendly crypto regulations. In fact, more companies around the world are now getting interested in moving or establishing a business in the country. For example, Kuvacash, a blockchain payment firm, chooses El Salvador as its Latin American hub.
In other news, Cardano dominates the eToro trading platform. Specifically, as of the second quarter of 2021, crypto holders on eToro are presently holding more Cardano than Bitcoin.
Related News
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
