According to MAS media, Through tax incentives, MAS encourages Single Family Offices (SFOs) to create jobs, generate demand for domestic service providers, and channel capital to enterprises in Singapore.

Hong Kong-based media outlet and industry pioneer, Meta Era, has announced the Meta Era Summit in Singapore on September 12, 2023. The event aims to advance the realms of Web 3.0 and the Metaverse and will feature immersive workshops, insightful discussions, and thought-provoking ideas from industry experts. With over 1,000 planned participants, more than 100 esteemed speakers, and a community exceeding 1 million members, the summit is a pivotal platform for networking and collaboration. The event is open to industry builders, investors, creators, developers, influencers, agencies, solution providers, and all parties interested in the future of Web 3.0.

Singapore dominates Southeast Asia's crypto market with a 43.5% market share, positioning itself as a pivotal crypto hub in the region and across Asia. Its reputation as a thriving fintech and innovation center is bolstered by its concentration of crypto interest, attracting startups, exchanges, and investment firms and fostering a vibrant ecosystem.

According to a recent report by crypto intelligence provider K33 Research, China is home to 15% of Asia's crypto workforce, making it one of the largest crypto hubs on the continent. This is despite China's comprehensive ban on crypto trading and mining.

According to FT, HongShan, the Chinese arm of the Silicon Valley group, has set up an office in the city-state and is working on plans to use it as a base for investing in south-east Asia.A number of executives from HongShan have travelled to Singapore in the past six months.

According to a study by CoinGecko, searches for "AI jobs" have surpassed those for "crypto jobs" by nearly five times as of July 5, 2023. Prior to Bitcoin's all-time high in November 2021, "AI jobs" had a three-to-one lead over crypto-related queries. However, searches for "crypto jobs" briefly surpassed "AI jobs" twice in January 2022 when Bitcoin hit $69,000.

July 4 (Cointime) - Singapore and Thailand are implementing regulations on crypto, specifically cracking down on staking services. The Monetary Authority of Singapore aims to restrict Digital Payment Token service providers from facilitating lending and staking of DPT tokens by retail customers.

July 3 (Cointime) -According to Bloomberg, Singapore will require cryptocurrency exchanges to keep customer assets in a trust before the end of the year, part of efforts to ensure funds are safeguarded following the implosion of FTX in November.

July 3 (Cointime) - AsiaNext, a joint venture between Switzerland’s stock exchange SIX and SBI Digital Asset Holdings, has secured a provisional license to provide digital currency services in Singapore. The company plans to offer digital currency trading and custody services for institutional clients in Singapore, with the new license bringing the firm closer to its goal. Given the plethora of permits to be attained in Singapore’s highly regulated market, AsiaNext is opting to focus on digital asset derivatives as the first step of its plan.

June 29 (Cointime) - The Monetary Authority of Singapore (MAS) has launched a public consultation on an industry code of conduct for providers of Environmental, Social, and Governance (ESG) ratings and data products, as part of a proposed approach centered on an industry code of conduct that was co-created by MAS with industry players.