US Treasury Secretary Scott Bessent commended Singapore for its pioneering role in embracing stablecoins and digital assets during his meeting with Prime Minister Lawrence Wong at the APEC 2025 summit in Gyeongju, South Korea. This gathering of world leaders focused on tackling global growth challenges, energy security, and technological advancement. Bessent highlighted the surge of investment flowing into advanced manufacturing and technology sectors within APEC economies, reflecting a strong commitment to innovation. Singapore, with its modest population, has rapidly positioned itself as a powerhouse in the digital asset space, leading in crypto licenses, Web3 employment, registered exchanges, and blockchain patent filings. Alongside encouraging innovation, Singapore’s stringent regulatory approach ensures a secure and robust crypto environment. This leadership was further showcased by hosting Token2049, a premier crypto conference, reinforcing Singapore’s status as a global digital asset hub. For more details, visit: https://cointelegraph.com/news/us-treasury-secretary-scott-bessent-praises-singapore-digital-asset-leadership-apec-summit