Hits and misses as cryptocurrency finds a way forward in Singapore

Regulatory milestones as authorities seek to address crypto risks amid surge in interest

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This has been a breakout year for cryptocurrency, with the digital asset industry growing faster than ever to a market cap of around US$3 trillion (S$4.1 trillion).
But for all the expansion, the future is still unclear, essentially because cryptocurrency is not real money and lacks a proven track record as an asset class.
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