Singapore Exchange CEO Loh Boon Chye says SGX won't list cryptocurrencies due to unripe conditions and lack of ecosystem support.
Singapore Exchange (SGX) CEO Loh Boon Chye announced that the exchange won't list cryptocurrencies in the near future, citing unripe conditions and lack of ecosystem support in Singapore. Despite this, SGX remains focused on innovation and could potentially change its stance in the future. The exchange is facing pressure to improve its attractiveness for high-growth company listings and has a healthy pipeline of new IPOs.
July 09, 2024
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