MAS mulls regulating trading of payment token derivatives
It will be allowed on 4 approved exchanges, but may not be suitable for retail investors
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Singapore
THE Monetary Authority of Singapore (MAS) is seeking to regulate derivatives of payment tokens such as Bitcoin and Ether by allowing trade only on the four approved exchanges in Singapore.
Approved exchanges include Singapore Exchange Derivatives (SGX Derivatives), Asia Pacific Exchange (APEX) and Ice Futures. MAS will be regulating the activity under the Securities and Futures Act.
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