<ul><li>Singapore has issued 13 cryptocurrency licenses in 2024, surpassing Hong Kong's slower progress.</li><li>Major industry players such as OKX, Upbit, Anchorage, BitGo, and GSR have received licenses in Singapore.</li><li>Hong Kong has only licensed seven platforms, facing regulatory challenges and limitations on altcoin trading.</li><li>Singapore offers a more stable environment and a balanced regulatory approach, attracting digital-asset firms.</li></ul>

Singapore Issues 13 Crypto Licenses In 2024, Outpacing Hong Kong’s Slow Progress

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