The Singapore Crypto List 2020

Not just Singapore-based, I mean, Singaporean

Debbie Chia
Coinmonks
Published in
7 min readSep 10, 2020

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Source: Mike Kononov

We live in a global world and cryptocurrency is by its very nature, borderless. So it is expected for cryptocurrency entities to have sprawling offices and employees from around the globe, from Malta to Switzerland and then, Singapore.

And for good reason too.

In an aggressive bid to be a FinTech hotbed, Singapore has an open-arms regulatory posture on cryptocurrencies, which has brought the companies flocking in. If positioned correctly (like erm maybe, call it a Foundation?), a Singapore offshore cryptocurrency company is legally exempt from Singapore corporate income tax as well as withholding tax and GST.

Wow! Look at all these Singapore incorporated crypto companies. Source: Hacker Noon, 19 Feb 2019.

But what if one is interested in knowing who the real Singaporeans are in the cryptocurrency space?

In this article, I filter the companies that one can categorically declare as Singaporean, which for all its purposes, is harder than you think. What I did here was to search for Singapore-owned cryptocurrency companies and startups that have Singaporeans as its core founders. Without being too nationalistic, this also involves checking if the…

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