PANews reported on December 15 that according to Bloomberg, there are currently about 30 payment companies that have obtained digital token service licenses issued by the Central Bank of Singapore, including Coinbase and Ripple in the United States, and Futu, headquartered in Hong Kong. The Central Bank of Singapore is even experimenting with digital Singapore dollars. With the approval of spot ETFs in the United States, Generation Z and even baby boomers are increasingly accepting that cryptocurrency trading can become mainstream. According to a survey conducted by the exchange Independent Reserve earlier this year, about 40% of Singaporean investors own cryptocurrencies. With Donald Trump returning to the White House and promising to usher in a new era that can support cryptocurrencies, it may bring rewards to Singapore in 2025.