Insight - Singapore wants to lead on crypto, not K-pop pensions


While Singapore has taken a conscious decision to be a key player for crypto-related activity, it doesn't to open its doors too wide, either. (Stacks of bitcoins sit near green lights on a data cable terminal inside a communications room at an office in this arranged photograph in London, U.K., - File pic)

SINGAPORE may have set its sights on becoming the world’s cryptocurrency capital. But its “buyer beware” approach to trading in risky digital assets doesn’t mean anything goes.

A coin that works as a pension plan for BTS, the world’s most-famous K-pop group, is perhaps beyond the pale.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ports powering property
Smart homes on a budget
Tackling the complexities of flooding
Ringgit to exhibit softness in thin trading next week
Stay the course in Malaysia’s growth
Bond option for retirees
Raising The Standard in Singapore
Slow going for O&G
What 2025 means to the economy
Government to decide on new electricity tariffs

Others Also Read