The Republic, as one of the top three ICO centres, already has an active and thriving ecosystem with progressive and careful regulatory oversight.
source https://www.google.com/url?rct=j&sa=t&url=https://www.businesstimes.com.sg/opinion/could-singapore-be-a-cryptocurrency-hub&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNGebf3EGw131i9Ygfj1acOnc5LoFA