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Crypto & Web3

Singapore’s Web3 Ambitions: Industry Leaders Weigh In

Rary Maharani
Last updated: October 2, 2024 11:01 pm
Rary Maharani
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  • Singapore emerges as potential Web3 hub
  • Regulatory clarity attracts industry players
  • Universities prepare future blockchain workforce

Contents
Talent Magnet in the MakingRegulatory Clarity Paves the WayEducation: Building the Future Workforce

Talent Magnet in the Making

At TOKEN2049, experts from Coinbase, Ripple, and LongHash Ventures discussed Singapore’s potential as a Web3 hub.

The city-state’s talent-seeking approach and meritocracy-based system position it favorably in the evolving digital landscape.

Regulatory Clarity Paves the Way

Panelists praised Singapore’s regulatory environment, highlighting the Monetary Authority of Singapore’s open dialogue approach. This collaborative stance balances innovation, access, and consumer protection, creating a conducive ecosystem for Web3 growth.

Education: Building the Future Workforce

Singapore’s universities are proactively preparing students for a Web3-powered world.

Ripple’s University Blockchain Research Initiative exemplifies industry-academia collaboration, funding research and solving real-world problems in the blockchain space.

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