🏆 Singapore High Court Declares Cryptocurrency as a Property 🏅 Singapore High Court made a surprising pronouncement declaring that cryptocurrencies can be treated the same as fiat money in a case involving the Bybit exchange. The judge also mentioned that verified digital assets can be legally kept in the country. 🪙 Previously, the Monetary Authority of Singapore (MAS) already introduced cryptocurrency regulations to protect client assets and recommended testing the Purpose Bound Money (PBM) coin with other central banks. Singapore’s strengthened legal framework for crypto reflects the government’s commitment to support the cryptocurrency market in Asia. 💭 Will recent crypto-friendly policies of Singapore, Indonesia and Hong Kong shift the crypto market towards Asia? Share your thoughts in the ONUS community!