Singapore's MAS Maintain Caution Despite US Listing of Bitcoin ETFs
According to Singapore's regulator, the Monetary Authority of Singapore (MAS), cryptocurrencies like Bitcoin are not classified as eligible assets for ETFs.
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Monetary Authority of Singapore: Bitcoin spot ETF cannot be listed in Singapore
18/01/2024 13:01
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Monetary Authority of Singapore: Spot Bitcoin ETF cannot be listed in Singapore
Spot Bitcoin ETF was officially launched in the United States recently, attracting great attention from the market. The Monetary Authority of Singapore does not allow such financial products to be listed in Singapore and for retail investors because cryptocurrencies such as Bitcoin are not listed as eligible assets for ETFs.
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