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The city-nation is among the handful of ‘crypto-friendly’ regions in the Far East. And potential investors can reap benefits.
The asset ballooned from under $10,000 last year to over $64,000 last month. But one traditional investor says all ‘bubble’ talks are unfounded.
The bank is a recent crypto convert and has a lofty long-term price target for Bitcoin. For now, however, it says the asset looks weak.
