SINGAPORE (Nikkei Markets) -- The Monetary Authority of Singapore plans to allow the trading of derivatives involving bitcoins and similar cryptocurrencies on select platforms, paving the way for regulatory oversight as these products become increasingly popular among investors.
Markets
Singapore to regulate trades in cryptocurrency derivatives
Central bank move to benefit approved exchanges like SGX
Bitcoin, the best known, has a total market value of some $148 billion based on the number in circulation, according to coinmarketcap.com, a popular website for information about digital currencies. © Reuters
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