The Monetary Authority Of Singapore Adds Crypto Exchange Binance To The Investor Alert List. 10 and the app will be removed from the Singapore.
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12 hours agoBinance Ceases Singapore Offerings Following MAS Investor Alert.
Binance Singapore. 14 hours agoHONG KONG Sept 6 Reuters - Embattled Binance one of the worlds largest cryptocurrency exchanges said it will restrict its services in Singapore days after the. Must stop offering services regulated in Singapore after a potential breach of local payment rules adding to a mounting list of jurisdictions scrutinizing the. 14 hours agoHONG KONG Sept 6 Reuters - Embattled Binance one of the worlds largest cryptocurrency exchanges said it will restrict its services in Singapore days after the.
MAS is the latest major regulator to float Binance financial misconducts on the news again and for the wrong reasons. 13 hours agoBinance was under investigation by the US Justice Department Embattled Binance one of the worlds largest cryptocurrency exchanges said it will restrict its services in Singapore. Users have been advised to complete all related peer-to-peer trades and remove related trade advertisements by Thursday to avoid potential trading disputes.
Bloomberg -- Binance Holdings Ltd. Singaporean crypto exchange platform Binance announced in a blog post that it will cease to offer certain product and service offerings several days after the Monetary Authority of Singapore added the company to its investor alert list. Cryptocurrency exchange Binance will not offer products in Singapore dollars and will stop all online communication operations in the country.
The application is still under review. Binance may be in breach of the Payments Services Act for providing payment services to and soliciting business from Singapore residents without an. Singapore central bank said on Thursday that Binance one of the worlds largest cryptocurrency exchanges by trading volume could be in breach of local laws and should stop providing payment services to the city-states residents.
By Fintechnews Singapore September 6 2021. Binances local entity in Singapore Binance Asia Services has applied for a licence under the city states regulation and has been granted a transitional exemption to serve both local retail and. 2 days agoBinance on Singapores investor alert list One of the worlds largest crypto exchanges Binance is facing extreme pressure from the Monetary Authority of Singapore MAS for flouting regulation rules.
1 day agoBinance said in a blog post that it would be ceasing Singapore dollar trading pairs and payment options as well as removing the app from Singapore iOs and Google Play stores as of Friday. Singapores financial regulator has added Binance to the investor alert list signifying that the crypto exchange is unlicensed to provide payment services in the nation. Binance has announced that it will cease offering trading pairs and payment options in Singapore dollars to remain compliant with local regulators.
It is currently exempt from holding a license for providing digital payment token services according to the Monetary Authority of Singapore. 1 day agoBinance Asia Services the body that operates Binancesg had recently submitted an application for a license.
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