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Japan revises corporate taxation of cryptocurrencies to support startups
The Japanese government plans to create a comfortable environment for startups. One way to stop the outflow of companies abroad, to Singapore in particular, is to introduce tax incentives for firms that issue their own crypto assets. 
Singapore’s Crypto Business Law
With the new legislation that was approved by the parliament of Singapore, cryptocurrency and digital asset providers that operate their business overseas (yet are based in the city-state) will now be obliged to attain a license. Up until now, such companies did not face anti-money laundering regulations. 
Klaytn cooperates with OpenSea to develop the Asian NFT market
Singapore-based public blockchain network Klaytn and NFT platform OpenSea have announced a collaboration to attract investment to the Asian NFT market. Information about the partnership appeared on the official channels of the companies. Accredited Singaporean investors may qualify for recognition of cryptocurrencies when evaluating assets
Singapore-based private exchange ADDX plans to recognise cryptocurrencies owned by accredited investors. This decision makes the platform the only financial institution in the country that works with digital assets.