From FX Hub to Multi-Asset Market: How Singapore Institutions Are Re-evaluating Crypto
From financemagnates.com
The ability to trade across both FX and cryptocurrency has prompted institutional traders in Singapore to take a closer look at the latter, although obstacles remain to be overcome if it is to become a core element of portfolios. Singapore remains very clear in regulatory terms that FX and crypto are distinct markets – the former is supervised under long‑standing capital markets and banking rules, while digital assets sit under the Payment Services Act and related MAS frameworks for digital payment tokens. At the trading front end, the distinction is blurring. Many multi‑asset brokers and trading platforms ...
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