Perps market: Is Singapore a cradle for the future of crypto finance or turning into a den for gambling?
Decades later, Singapore reluctantly permitted two casinos as part of integrated resorts to promote tourism. One of them, Marina Bay Sands, was Yan’s stage last week. Standing at the heart of a tightly regulated gambling complex, the CEO pitched his permission-less betting engine. With perpetual futures having already become the hottest thing in crypto trading, his next goal, he said, was to offer options.
