You’ve Got to See What SGX is Cooking Up with Bitcoin in 2025! 🎉😱

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What to know:

  • SGX’s bitcoin perpetual futures are going to be like VIP club memberships—exclusively for institutional clients and professional investors only. Sorry, retail traders, but you need a special badge to get through this velvet rope! 💼🚫
  • These shiny new contracts are just waiting for a thumbs up from the regulators, aiming to offer a cozy, secure trading option in the ever-expanding crypto carnival. 🎢

Get ready, because Singapore Exchange Ltd. (SGX) is gearing up to launch bitcoin (BTC) perpetual futures in the last half of 2025. Yup, you heard right! This is like finding out your grandma signed up for TikTok—it’s a major leap into the crypto derivatives world. According to a Bloomberg report, this could be wild! 🤪

But hold your horses! These contracts are only for the big kids with institutional cash. Retail investors will have to watch from the sidelines, possibly while sipping their lattes—no crypto magic for you this time! SGX left CoinDesk hanging with no immediate comment, but we’re all just twiddling our thumbs here. ⏳☕

SGX is just playing along with the wider game where traditional exchanges are getting all flirty with crypto derivatives. Japan’s Osaka Dojima Exchange is also trying to get on this bitcoin futures bandwagon, proving that the institutional interest in digital assets is hotter than ever—thanks in part to the U.S. government’s new pro-crypto policies. Such a scandal! 🌍💸

Now, back to those bitcoin perpetual futures—since they don’t have an expiration date, traders can speculate on prices until the cows come home. Or until they spend all their Bitcoin on chia seeds and kale chips. 💰🥗 SGX is aiming to provide a secure and regulated playground for crypto trading, flexing its Aa2 rating from Moody’s like it just won a gold star at the talent show! ⭐️

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2025-03-10 14:06