Meet Singapore: The Authoritarian State Advancing Crypto Values

1 year ago
12

Spotless. Efficient. Safe. Protected. Controlled. This is Singapore, a futuristic city-state emerging as a hotbed for blockchain and crypto innovation.

Strategically located at the crossroads of international trade, Singapore's low taxes and open economy have been attracting both TradFi giants and early stage start-ups for years. Fast forward to 2023, and the plot thickens. Because Singapore, described by some as a 'Disneyland with the death penalty,' NOW hosts Asia's largest Web3 event, TOKEN2049.

In this video, we're on the ground at Marina Bay Sands convention center, exploring Singapore's financial allure through interviews with key figures in the space. And we’re trying to get to the bottom of one major question: Why is this centralized, authoritarian regime helping promote the decentralized and permissive ethos of crypto?

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