Do you think the fact that cryptocurrency exchanges in Singapore are moving customer funds into a trust, such measures may deter investors as they may see it as unnecessary bureaucracy and cost?
It's possible, but it could actually improve confidence in the cryptocurrency markets. Investors may feel more secure knowing that their funds are under reliable control. This could attract new investors interested in safe investments. I recently found an interesting article about this issue https://www.thestreet.com/cryptocurrency/singapore-forces-crypto-exchanges-to-move-cryptocurrencies-to-a-trust you can read it and then maybe you can answer your own question.
Such measures could also help legalize cryptocurrency markets and attract institutional investors, which typically require high standards of security and regulation.
Found PassimPay, a service for fast and secure cryptocurrency transactions. They offer customizable options and low fees. Has anyone tried it for personal or business use? What are your reviews? I can leave a link here for you to take a look and give me your opinion, it's very important to me, thanks)