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Binance Singapore to wind down all operations by February 2022
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ambcrypto.comArguably the world’s most-popular crypto-exchange, Binance has found itself in hot water with global watchdogs over a lack of regulatory clarity. It has faced objections on a consistent basis from different authorities around the world.
Consider this – TheMonetary Authority of Singapore (MAS) has, in the past, raised concerns about Binance’s operations in the city-state. Well, fast forward to mid-December, and the MAS may have won the session-ender against the crypto-platform.
<p lang=«en» dir=«ltr» xml:lang=«en»>BREAKING: Binance Singapore withdraws its application for a crypto-exchange license, and says its platform https://t.co/ZnfCcRCuIM will close by Feb. 13 https://t.co/QdfZOEc7xR pic.twitter.com/JPQjIKYlWy— Bloomberg Crypto (@crypto)
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