From the fallout of FTX in November 2022, to the collapse of Silicon Valley Bank SVB and other US lenders associated with start-up clients, the last few months have been challenging for the crypto industry.
Singapore-based cryptocurrency exchange, Coinhako, however, remains optimistic in terms of its industry outlook as sector participants focus on “rebuilding trust and faith” across the digital asset universe.
Coinhako was conceptualised in 2014 and started off as a bitcoin wallet service for Singaporeans. Today, it is a multi-currency trading platform for cryptocurrencies and is licensed, regulated and headquartered in the city-state.
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