SGX lays out guidelines for listed companies issuing initial coin offerings
SGX's rules would cover only the company and not the tokens nor the holder of the tokens, says SGX RegCo chief in column
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Nisha Ramchandani
Singapore
THE Singapore Exchange (SGX) has outlined guidelines for listed companies planning to conduct an initial coin offering (ICO), which include making sure all relevant disclosures are made.
In a regulator's column, chief executive Tan Boon Gin of Singapore Exchange Regulation (SGX RegCo) highlighted that questions have come up with regard to the regulatory obligations of listed companies when they offer ICOs.
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