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RE: Is Singapore The New Hotbed For Cryptocurrency Startup Projects?
Countries who ban cryptocurrencies fears that the control of money will no longer be in their control and they want to be printing fiat at their command. They want it centralized.
Cryptocurrency gives one an advantage and freedom to own money that the government have no control of.
Singapore, Hong Kong and Malta have faith in cryptocurrency and hence reasons for allowing it
That's the way to go about it really!