In the fast-paced realm of financial innovation, understanding cryptocurrency remains a challenge for many. The latest episode of Money Hacks by The Business Times, seeks to demystify this complex emerging asset class. 

Host Howie Lim leads an engaging discussion with Hassan Ahmed, country director, (Singapore) Coinbase, and Deborah Tan-Pink, a highly respected crypto communications professional. The episode dives deep to define the intricacies of crypto adoption, investment strategies and market dynamics.

Understanding cryptocurrency

In an era where digital assets are reshaping the financial landscape, the expertise of Ahmed and Tan-Pink provides listeners with a nuanced understanding of the crypto market. 

The pair introduce concrete statistics, such as the prominence of Singapore in global crypto adoption and the preferred digital assets among Singaporean investors which would help investors develop a better understanding of portfolio diversification and risk mitigation.

Digital asset preferences

The episode is replete with valuable information, making it a treasure trove for anyone engaged in financial planning. Lim skillfully leads the discussion which highlights Singapore’s emergence as a global leader in crypto assets, bolstered by a rigorous regulatory framework. The experts also share insights into which cryptocurrencies are most favored in Singapore, with Bitcoin, Ethereum, and stablecoins like USDC leading the pack. 

Ahmed effectively debunks prevalent myths about cryptocurrency, underscoring the industry’s regulatory strides and security measures. For newbies to crypto investing, Hassan outlines a four-step formula for initiating investments in a secure and informed manner.

The regulatory equation

Both experts point out that contrary to widespread belief, the crypto market is increasingly regulated, thus enhancing its appeal to long-term investors seeking security. Tan-Pink elaborates on the tangible benefits of utilising cryptocurrency for transactions, including the elimination of traditional telegraphic fees.

Cognisant of the inherent volatility of crypto assets, both experts advise the importance of a diversified investment strategy to manage risks. The episode then delves into the future outlook of cryptocurrency, examining upcoming regulatory changes and market trends likely to influence the industry in the coming 18-24 months.

Watch now for informed analysis, pragmatic advice and a comprehensive guide to give you greater confidence in the crypto landscape. 

If you have feedback or an idea for a podcast episode, contact us at [email protected]. And look out for the next episode of Money Hacks.

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Written and hosted by: Howie Lim ([email protected])

With Hassan Ahmed, Singapore country director, Coinbase; and Deborah Tan-Pink, crypto communications professional

Edited by: Howie Lim & Claressa Monteiro

Produced by: Howie Lim & Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. 

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