facebookSGX has listed two cryptocurrency indices now which are Bitcoin and Ethereum. Does it mean its therefore safe to invest in cryptocurrency since it's recognised by SGX now? - Seedly

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Anonymous

28 Oct 2020

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Cryptocurrency

SGX has listed two cryptocurrency indices now which are Bitcoin and Ethereum. Does it mean its therefore safe to invest in cryptocurrency since it's recognised by SGX now?

I don't understand why SGX would do this. Cryptocurrency is still too risky.

Discussion (1)

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Perhaps it's to satisfy demands of customers (?). I wouldn't say it's safe(r) since fundamentally nothing has changed.

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