This Singapore wave has truly understood and capitalized on regulatory dividends—low taxes + certainty + real-world scenarios. Six cities across the Asia-Pacific are now in the top ten, and London and New York need to push harder.

Wu said that Multipolitan released the "2026 Crypto-Friendly City Index," with Singapore ranking first globally due to its clear regulatory framework, tax advantages, institutional participation, and implementation of payment applications, surpassing traditional financial centers like London and New York. The report states that six cities in the Asia-Pacific region made it into the top ten worldwide, including Singapore, Hong Kong, Bangkok, Seoul, Kuala Lumpur, and Taipei. Multipolitan believes that relying solely on low taxes is no longer sufficient to maintain long-term crypto competitiveness; a "low tax, high credibility" model that combines regulatory certainty, institutional-grade infrastructure, and real-world use cases is becoming an important factor in attracting digital asset capital, entrepreneurs, and infrastructure.