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Putting Singapore's Dollar On Blockchain May Prove It's The Most Crypto Friendly Place On Earth

November 23, 2017

Singapore is widely regarded as one of the most crypto-friendly countries in the world, largely due to its stable politics, reliable infrastructure, and favorable business environment.

 

Singapore's Central Bank has experimented with blockchain technology, and announced Project Ubin, a collaborative project with a consortium of banks and technology companies to explore the use of blockchain for payments and securities clearing and settlement. Ultimately, the goal is to put the Singapore dollar on the blockchain. 

 

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