Binance Singapore has withdrawn its license application
The platform will cease operations completely by February 13
13.12.2021 - 08:40
86
1 min
0
.
What’s new? The Binance cryptocurrency exchange has withdrawn its application for a license to provide cryptocurrency exchange services in Singapore. Previously, its subsidiary Binance Asia Services had submitted such a request to the country's Monetary Authority (MAS). This is reported by Bloomberg.
Material on the Bloomberg website
What events preceded it? In September, the Monetary Authority of Singapore included Binance Asia Services on its “warning list for investors.”
In early December, Binance Singapore bought an 18% stake in Singapore-based regulated security token platform Hg Exchange (HGX). The platform is licensed by MAS. Through the partnership, Binance Singapore was going to establish a cryptocurrency trading operation and expand its range of blockchain-based products and services.
Useful material?
Telegram 
Twitter Market
It costs more than $2000 an hour for a company specialist, while at least 100 employees are involved in the proceedings on the collapse of the exchange
Jan 27, 2023
Market
The entrepreneur agrees to eat a Happy Meal live if the restaurant adds DOGE as a means of payment
Jan 27, 2023
Market
Cryptocurrency expert Dylan LeClair also noted that the average rate of most coins has been showing positive dynamics over the last 30 days
Jan 27, 2023
Market
At the DAO vote, the initiative received the support of about 99% of the participants
Jan 27, 2023
Market
The index rose to 55 for the first time since March 30, 2022
Jan 27, 2023
Market
The cost of the accounts ranges from $50 to $300, depending on the availability of verification
Jan 27, 2023
Cryptocurrency rates
-
Bitcoin
$22 812
BTC
-2.56%
-
Ethereum
$1 627.35
ETH
-2.31%
-
Ripple
$0.4
XRP
-2.51%
-
Cardano
$0.39
ADA
-1.89%
-
Dogecoin
$0.09
DOGE
-3.59%
-
Polkadot
$6.67
DOT
-3.09%
-
Litecoin
$96.07
LTC
-2.67%
-
Solana
$10.15
SOL
-9.47%
-
Monero
$165.91
XMR
-4.11%
-
Bitcoin-cash
$132.78
BCH
-3.48%