TechFlow news, according to BitcoinNews, Loh Boon Chye, CEO of Singapore Exchange, said that the local ecosystem in Singapore is currently not ready for spot Bitcoin ETFs. Over time and as the ecosystem matures, Singapore Exchange will be recognized as one of the most innovative exchanges or platforms in the world.
The predecessor of Singapore Exchange was the Stock Exchange of Singapore (SES), established on May 24, 1973. On December 1, 1999, SES merged with the Singapore International Monetary Exchange (SIMEX) to form Singapore Exchange.




