BlockShow, one of the biggest blockchain event companies in the world, will be working with Singapore's Central Bank, called the Monetary Authority of Singapore (MAS), on the annual Singapore FinTech Festival (SFF) 2020. BlockShow will act as a 'Knowledge Partner' to the MAS, and will bring leaders in the blockchain space to the festival. SFF will run from December 7-12, and attendees will be able to access all the resources online on a 24/7 basis. The subjects covered at SFF include crypto and blockchain, but it also has a wide array of other topics as well. As a global banking hub, Singapore thrives on innovation and new financial technology.
Why it matters: While larger nations have been slow to create an effective regulatory structure for crypto and blockchain development, Singapore has made a home for these new technologies. Over the short term, these policy actions have attracted talent and capital, but over the long run it may give Singapore a major advantage over any other nation in the crypto and blockchain space. Recently, execs at Ripple discussed moving the company to Singapore, as the nation makes it much easier to do business, and avoid complex situation that exist due to a poor regulatory structure. There are few nations that can match Singapore in blockchain development, and this trend is likely to continue.