and the wider area. We’ve got team members who are Portuguese, who are into crypto for a variety of reasons. We have foreigners, people who have made Portugal their escape. And now, this totally new class, nomads, who don’t live in Portugal but are here for x months a year.
But on the flip side, incorporate wherever you have to to get the thing off the ground. What you need to do in the early stages is just get out the door. Focus on getting customers and figure out if what will happen is real. And once you have that, then minimize future consequences. So everybody picks the Delaware option. Singapore is like the Delaware of Southeast Asia.Singapore is CoinDesk’s second-highest ranking crypto hub.
From Singapore's perspective, the whole world is foreign to it. So you can engage with the world as a business in Singapore in an excellent way as opposed to, in the U.S., having a different set of restrictions for foreign country owners in the world's largest market.