According to ChainCatcher, Loh Boon Chye, CEO of the Singapore Exchange, said that the local ecosystem in Singapore is not yet ready for spot Bitcoin ETFs. He expects that as time goes by and the ecosystem improves, the Singapore Exchange will be considered the most innovative exchange or platform in the world.
The predecessor of Singapore Exchange was the Singapore Stock Exchange, which was established on May 24, 1973. On December 1, 1999, the Singapore Stock Exchange and the Singapore International Financial Exchange merged to form the Singapore Exchange.
