Restaurants in Singapore are accepting crypto payments despite legislative opposition

Singapore used to be a haven for cryptocurrency enthusiasts, but the government is now tightening its grip and limiting the use of digital assets.



Despite the legal restrictions, restaurants in Singapore continue to accept cryptocurrency payments.


Joo Bar and Maison Ikkoku are leading the charge to encourage numerous establishments in Singapore to accept cryptocurrency payments.


Many bitcoin companies considered the country to be their home, but recent crypto restrictions are driving them abroad.


Despite the government's opposition, the food business in Singapore is embracing cryptocurrency for transactions.


Maison Ikkoku, a Kampon Glam restaurant, is one of many in Singapore that accepts digital currencies as payment.


When you walk into the restaurant, you'll notice a sign that says they accept BTC, BNB, and ETH.


The advent of crypto payment, according to Ethan Leslie, CEO of Maison Ikkoku, has been a huge boost to their business.


Joo Bar is one of Singapore's first restaurants to accept cryptocurrency payments. Zoo Bar's CEO, Jamie Lim, is presently offering a 15% discount to clients who pay for their orders in Bitcoin.


Xu Pub, another bar that accepts Bitcoin, has come a long way since its inception. Scanning a QR code is now all it takes to pay for your orders.