The interest in the post signals immigration and the outlook for the crypto sector remain hot-button topics. Many nations are trying to balance the need for foreign talent against local constraints such as affordable housing. Meanwhile, Singapore is vying with the likes of Hong Kong and Dubai to woo digital-asset firms in case blockchain technology revamps the way finance works.
Singapore’s push to foster a digital-asset hub jumped back into the spotlight this week when Nansen CEO Alex Svanevik revealed his application for permanent residence there had been rejected.
Svanevik announced the development on X on Monday, writing: “$88m capital raised, 25+ jobs created, 1 child born. Guess it wasn’t enough. Where to move next?” The post quickly became viral, garnering 2.7 million views to date.
