Binance to stop Singapore users buying or trading crypto on main platform


HONG KONG, Sept 27 (Reuters): Binance, one of the world's largest cryptocurrency exchanges, said on Monday that users in Singapore would no longer be allowed buy and trade cryptocurrencies on its main platform, to comply with local regulation.

The Monetary Authority of Singapore (MAS) this month warned Binance.com that it could be in breach of local laws and should stop providing payment services to the city-state's residents.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Binance , Singapore , Announcement , People , No Longer , People , Sell , Buy

Next In Aseanplus News

Massive blaze destroys factory in Brunei
Cambodia, Turkmenistan discuss direct flights to boost tourism cooperation
Russia-Laos relations are based on friendship, mutual respect
Myanmar struck by 5.0-magnitude quake: GFZ
Vietnam's seafood exports poised to rise by US$1 billion this year
Twenty-four of 38 Filipino crew aboard hantavirus-hit ship to fly to the Netherlands
Australia to repatriate passengers from Hantavirus-hit cruise ship
Thailand may face dual water risks as El Ni�o risk rises from May to July
Former aide to Seputeh MP charged with accepting RM500,000 bribe
Muslim couples in Singapore to get early support for parenthood journey as pilot programme is made permanent

Others Also Read