I guess a little bit of both.

For instance, Singaporeans have to pay $100 to enter our casino while foreigners enter for free. The entrance fee is necessary, I guess, to alleviate the negative impact of problem gambling in Singapore. So while I don’t mind it, I still get the message that I’m like a child who can’t manage my behaviour.

Ashley Madison was/is prohibited from venturing into Singapore. That was another necessary move by the government, I guess.

We can’t invest in US Spot ETH ETFs, even if we want to, because it is disallowed in Singapore.

So in short, good intentions, also paternalistic governance haha