Singapore is solidifying its position as Asia's leading cryptocurrency hub by issuing 13 Major Payment Institution licenses in 2024, a significant increase from four in 2023. This risk-adjusted regulatory framework attracts global firms and fosters innovation, outpacing Hong Kong's more restrictive policies. With 1,600 blockchain patents and a supportive ecosystem, Singapore is setting a benchmark for digital finance and blockchain technology in the region.
Switzerland has been ranked the most competitive economy in the world for the ninth consecutive year, according to the World Economic Forum's Global Competitiveness Report. The country excels in innovation, education, and a flexible labor market, while also demonstrating a strong capacity to absorb new technologies. As the importance of talent grows in the global economy, Switzerland leads in attracting talent, positioning itself well for future competitiveness.
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