Singapore Exchange CEO Says “Not Ready” for Crypto Listings: Report https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1720636846426-YAKIHONNES3.jpg The Singapore Exchange (SGX) is currently not having any plans to allow for crypto listings, per a Reuters’ report.
the CEO of the Singapore Exchange (SGX), Loh Boon Chye, the exchange has no immediate plans to allow cryptocurrency listings. During an interview at the Reuters NEXT conference in Singapore, Loh stated that the current conditions in Singapore are not suitable for listing crypto products. He emphasized the importance of having a sustainable ecosystem to support new product launches, including demand, governance, and structure. However, Loh also mentioned that things could change in the future
the CEO of the Singapore Exchange (SGX), Loh Boon Chye, stated that the exchange is currently not ready to allow cryptocurrency listings. In response to a question about accepting crypto listings, Loh mentioned that the ecosystem in Singapore is not prepared for such products at the moment. However, he also acknowledged that things could change over time as the ecosystem evolves and comes together, highlighting SGX's reputation as an innovative exchange or platform in the world