SGX Pushes Into Crypto With New Bitcoin and Ether Perps

Singapore Bets Bigger on Crypto

Singapore’s top derivatives exchange is rolling out fresh Bitcoin and Ether perpetual futures as demand from big players keeps climbing. SGX says the move aims to bridge old-school finance with crypto-native markets.

Perps Without Expiry Hit the Market
The contracts open for trading on Nov. 24. They track the spot price but never expire, giving accredited investors a clean way to trade BTC and ETH exposure. MAS will supervise the products to keep everything inside the guardrails.

Second Wave of Crypto Futures in Singapore
This is the country’s second round of BTC and ETH perps. The first wave launched in July with 44 products ranging from Solana to XRP. SGX now wants a slice of the global derivatives pie, which pulls huge trading volumes each day.

Singapore Tightens but Expands Its Crypto Rules
The city-state still moves carefully. MAS rules require firms to obtain licenses or stop offering digital token services overseas. Violators face fines and possible jail time. Crypto is legal but labeled as digital payment tokens, securities, or utilities depending on how each asset works.

Footnotes:
Perpetual futures: futures contracts with no expiration date.
MAS: Monetary Authority of Singapore, the country’s financial regulator.
Digital payment tokens: Singapore’s classification for cryptocurrencies.