ChainCatcher news, according to Bitcoin News, Singapore Exchange CEO Loh Boon Chye stated that the local ecosystem in Singapore is currently not ready for a spot Bitcoin ETF. Over time, as the ecosystem matures, the Singapore Exchange will be regarded as one of the most innovative exchanges or platforms in the world.The Singapore Exchange was formerly known as the Singapore Stock Exchange, which was established on May 24, 1973. On December 1, 1999, the Singapore Stock Exchange (SES) merged with the Singapore International Monetary Exchange (SIMEX) to form the Singapore Exchange.

ChainCatcher news, Singapore Exchange Biking's first IEO project Marmot is landing on the Startup section, launching with an initial FDV of 160,000 USDT on March 28 at 14:00 (GMT+8). Users with spot assets of no less than 10 USDT on the Biking platform can participate.

ChainCatcher news, according to Forbes, the Singapore Exchange ADDX, based on blockchain technology, has completed a $20 million financing round, led by the brokerage division of South Korea's KB Financial Group, KB Securities.This round of financing is a continuation of the $58 million completed in May, with participants including UOB, Hamilton Lane, the Stock Exchange of Thailand, and the venture capital division of Bangkok Bank. The funds will be used to develop its recently launched institutional wealth management platform, and ADDX will also collaborate with KB Securities to expand its private investment services in Asia.Previously, ADDX announced in June that it recognizes cryptocurrencies including Bitcoin, Ethereum, and USDC in its assessment of qualified investors. (source link)

According to Chain Catcher news, the Thai Securities and Exchange Commission (Thai SEC) has officially charged Zipmex Co., Ltd. (Zipmex) CEO Eklarp Yimwilai.It is reported that Zipmex and Eklarp failed to submit the electronic wallet data (wallet) and other business operations used for storing customer assets, as well as details regarding digital asset transfers or withdrawals, to the regulatory officials within the specified time. After receiving notification from the regulatory officials, only partial information was submitted. This has been deemed illegal and is subject to penalties under Article 75 of the Digital Asset Act. Officials stated that the charges from the Thai SEC are just the beginning of the criminal enforcement process. (Source link)