With the recent pivot of former Bitcoin ATM manufacturer Tembusu Systems into the cryptocurrency space, and the unveiling of its newest product, the TRUST platform, Jarrod Luo, the COO and co-founder of Tembusu Systems says that Singapore offers the most liberal and transparent treatment for the industry in the wider region.
Luo, who also has a larger industry role as the Secretary-General of the Association of Cryptocurrency Enterprises and Startups Singapore (ACCESS), also said that as an industry, cryptocurrency was less than five years old. This relative youth offers plenty of opportunity for entrepreneurs to explore opportunities in the sector, he added.