Binance puts a hold on product offerings in Singapore
Binance global cryptocurrency exchange stated on Sunday that its Singaporean users will no longer be able to trade or receive payments in the Singapore dollar (SGD). According to a Sunday blog post, Singaporeans will no longer be able to trade cryptocurrencies or receive payments denominated in the Singapore dollar, also known as SGD. Binance’s mobile […]
Binance replies South Africa regulator on issues of regulation
Binance cryptocurrency exchange has responded to a warning from South Africa’s Financial Sector Conduct Authority by stating that it is in conformity with regulators and is not providing financial advice or services to residents. Binance hinted in a Friday statement that the Financial Sector Conduct Authority , or FSCA, lacked authority because the body did […]
The financial regulator in South Africa issues warning against Binance
The Financial Sector Conduct Authority (FSCA) of South Africa is the latest regulator to warn the populace against the use of Binance stating the exchange is not authorized to operate in the country. Binance Group, an “international firm” based in Seychelles, was not authorized to provide financial services in the country, according to a statement […]
Singapore Regulator adds Binance to its ‘Investor Alert List’
In a sign that the cryptocurrency exchange does not have a valid license, Singapore’s financial regulator has put Binance.com to its Investor Alert List. Binance , the largest cryptocurrency exchange in the world, has been included to the Monetary Authority of Singapore’s (MAS) Investor Alert List, which was published today. The exchange’s main website, Binance.com, […]
Binance founder, Changpeng Zhao says US crypto exchange will go public in three years
Binance US intends to close a significant private investment round within the next two months in order to become more autonomous from the parent company, Binance. According to Binance CEO and founder Changpeng Zhao , the cryptocurrency exchange Binance US, which is situated in the United States, is aiming to go public in 2024 through […]