《CeFi, DeFi, and Regulation: Singapore’s Balancing Act》

🇸🇬 As a global financial hub, Singapore offers strong regulatory frameworks, advanced infrastructure, and international talent — making it a strategic ground for both CeFi and DeFi.

According to RootData:

📊 Out of 310 Web3 projects in Singapore:

• CeFi: 60 (19.4%)

• DeFi: 41 (13.2%)

• Gaming: 23

• Layer1/2: 27

• AI: 14

• Metaverse: 10

CeFi leads, backed by MAS licensing and fiat on/off-ramp support — enabling players like Bybit and Wintermute to scale with institutional confidence.

While DeFi projects show a declining trend, innovators like Binance DEX and Hyperliquid highlight the sector’s resilience and technical edge.

As CeFi and DeFi boundaries blur, Singapore faces the challenge of balancing regulatory compliance with permissionless innovation — a key tension for capturing Web3’s next wave.

📊 Full breakdown in the chart below 👇