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SGX Debuts Regulated Bitcoin and Ethererum Perps on November 24

Key Takeaways

  • ​SGX Derivatives will launch Bitcoin and Ethereum perpetual futures on November 24 for professional investors;
  • These contracts have no expiration and offer regulated exposure to crypto prices under MAS oversight;
  • The decision aims to meet growing institutional demand and bridge traditional finance with crypto markets.

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SGX Debuts Regulated Bitcoin and Ethererum Perps on November 24

Singapore Exchange’s derivatives arm, SGX Derivatives, is preparing to introduce new cryptocurrency futures in November, according to an announcement on November 17.

These products are designed for professional investors and aim to provide a regulated way to trade digital assets.

Starting November 24, SGX Derivatives will begin offering perpetual futures linked to Bitcoin BTC $91,162.72 and Ethereum ETH $3,045.49 . These types of contracts allow investors to trade cryptocurrencies based on their prices, with no set end date.

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Because they do not expire, traders can hold their positions for as long as they want, provided they meet the margin requirements.

The decision comes as more institutions show interest in digital assets. SGX stated that the new products are being launched to meet increasing investor demand and to connect traditional finance with the digital asset market.

The contracts will be overseen by the Monetary Authority of Singapore (MAS) to ensure they meet local regulatory standards. Only accredited and experienced investors will be allowed to trade them, in line with regulatory safeguards.

This is not the first time such products have been offered in Singapore. In July, EDXM International launched its own set of perpetual futures, including contracts for Bitcoin, Ethereum, Solana SOL $136.75 , and XRP XRP $2.18 . This brought a total of 44 crypto trading products to market.

Recently, MAS warned that many stablecoins without oversight will face stricter treatment. What did Managing Director Chia Der Jiun say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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