SINGAPORE/BANGKOK -- Financial regulators in Singapore and Thailand have poured cold water on cryptocurrency-linked funds this week, even after their U.S. counterparts approved the introduction of such products there.
Financial regulators dampen market expectations for crypto-linked funds
Bitcoin exchange traded funds were approved by the U.S. Securities and Exchange Commission in early January. © Reuters
SINGAPORE/BANGKOK -- Financial regulators in Singapore and Thailand have poured cold water on cryptocurrency-linked funds this week, even after their U.S. counterparts approved the introduction of such products there.