Crypto exchange eyes Singapore comeback after bank accounts opened

Crypto exchange eyes Singapore comeback after bank accounts opened

Sebastian Kastner, lead engineer at HydroMiner GmbH, handles cable connections between cryptocurrency mining rigs on racks at the company's mining facility near Waidhofen an der Ybbs, Austria, on Friday, Jan. 19, 2018. HydroMiner, the Austrian cryptocurrency miner that mines bitcoins with green energy, is weighing an initial public offering to fund an expansion outside its home country. Photographer: Akos Stiller/Bloomberg

A cryptocurrency exchange that halted Singapore activities two years ago is resuming services there after two local banks opened accounts for the firm, a sign that the country’s lenders are warming to the industry.

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