SGX CEO: No Immediate Plans for Crypto Listings

Reported about 1 year ago

Singapore Exchange (SGX) CEO Loh Boon Chye announced during the Reuters NEXT conference that there are currently no immediate plans to allow cryptocurrency listings on the exchange. Loh emphasized the importance of having a sustainable ecosystem in place to support new product launches, mentioning factors like demand, governance, and structure as crucial. Despite the current stance, he noted that as the ecosystem evolves, SGX remains open to innovation and may reconsider crypto listings in the future.

Source: YAHOO

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