Singapore announced the budget statement for the fiscal year 2024, proposing to allocate 2 billion Singapore dollars to strengthen the digital economy

ChainCatcher news, Singapore's Deputy Prime Minister and Minister of Finance Lawrence Wong announced the country's budget statement for the fiscal year 2024 in February. The budget proposes to allocate 2 billion SGD to enhance its digital economy, marking a strong push by Singapore for financial innovation and the integration of digital assets, sending a clear signal of incorporating digital assets into its economic framework.