{"id":28008,"date":"2020-09-01T16:18:13","date_gmt":"2020-09-01T13:18:13","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=28008"},"modified":"2025-08-27T09:08:13","modified_gmt":"2025-08-27T06:08:13","slug":"singapore-exchange-lists-its-first-cryptocurrency-indices","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/singapore-exchange-lists-its-first-cryptocurrency-indices\/","title":{"rendered":"Singapore Exchange lists its first cryptocurrency indices"},"content":{"rendered":"<p>The Singapore Exchange (SGX) announced the listing of its first-ever cryptocurrency indices: the iEdge Bitcoin Index and the iEdge Ethereum Index. This was <a href=\"https:\/\/www.sgx.com\/media-centre\/20200901-sgx-index-edge-launch-crypto-indices-collaboration-cryptocompare\" target=\"_blank\" rel=\"noopener noreferrer\">stated<\/a> in a press release.<\/p>\n<p>Support for the indices was added as part of SGX&#8217;s partnership with the cryptocurrency data provider CryptoCompare, whose data are vetted by regulators. Now any Singaporean company seeking to create a product or investment instrument based on Bitcoin or Ethereum can verify the precise value of the assets.<\/p>\n<blockquote>\n<p>&#8220;Our mission is to provide greater transparency for the class of digital assets, delivering high-quality, reliable data and indices,&#8221; said James Harris, Commercial Director at CryptoCompare.<\/p>\n<\/blockquote>\n<p>Despite the growing popularity of cryptocurrencies in Singapore, the Monetary Authority of Singapore (MAS) is still working on regulating the sector. As Decrypt <a href=\"https:\/\/decrypt.co\/40343\/singapore-stock-exchange-lists-crypto-indices-first-time\" target=\"_blank\" rel=\"noopener noreferrer\">reports<\/a>, SGX&#8217;s new indices will assist financial institutions in creating crypto products once authorities settle on the industry&#8217;s core regulatory rules.<\/p>\n<p>As noted earlier, in April the Inland Revenue Authority of Singapore exempted cryptocurrency mined from home solo mining, and coins obtained from hard forks and free airdrops, from taxes.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog FEED<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Singapore Exchange (SGX) announced the listing of its first cryptocurrency indices in its history: the iEdge Bitcoin Index and the iEdge Ethereum Index. This was stated in a press release.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"SGX lists its first cryptocurrency indices: iEdge Bitcoin Index and iEdge Ethereum Index.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1616,946,1211],"class_list":["post-28008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-index","tag-singapore","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"","short_excerpt":"SGX lists its first cryptocurrency indices: iEdge Bitcoin Index and iEdge Ethereum Index.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=28008"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28008\/revisions"}],"predecessor-version":[{"id":28009,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28008\/revisions\/28009"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=28008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=28008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=28008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}