Why Singapore Is One Of The Most Crypto-Friendly Countries By Cointelegraph

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In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, providing the latest developments on tax, AML/CFT regulations, and legal issues affecting cryptocurrencies and blockchain.

At the end of 2021, a year in which (BTC) and ether (ETH) increased by 100% and 300%, respectively — global cryptocurrency rating company Coincub classified Singapore as the most crypto-friendly country in the world due to its “robust economy, positive legislative environment, and high cryptocurrency adoption rate.”

cryptocurrency exchanges

Banking

Renewable energy and cap and trade exchanges

Green cryptocurrency mining companies

Transport

Opening

Central bank digital currency

non-fungible token

Jungle OzelliEsq., CPA, is an international tax attorney and certified public accountant who writes frequently on tax, legal and accounting topics for Tax Notes, Bloomberg BNA, other publications and the OECD.

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