ICE Singapore to List Cash-Settled Bitcoin (BTC) Futures in December By Cryptovest

© Reuters. ICE Singapore to List Cash-Settled Bitcoin (BTC) Futures in December

ICE (NYSE:) Singapore will start trading and settling (BTC) futures, provided by the Intercontinental Exchange, Inc. The new offering will be regulated by the Monetary Authority of Singapore, an entity overseeing crypto exchanges. The news was immediately greeted by the crypto community as an encouraging expansion and BTC acceptance.

The ICE, the platform operator behind the Bakkt futures market, has answered the recent demand for crypto trading in Singapore. But the product will be offered through a licensed derivatives exchange.

The new monthly futures markets will…

This article appeared first on Cryptovest

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