Binance applies for Singapore license

Leading crypto exchange Binance has applied for a license in Singapore under the country’s new Payment Services Act, according to Binance CEO Changpeng Zhao.

The new legislation requires firms operating in Singapore to be licensed under one of three licenses: money-changing license, standard payment institution, or major payment institution license.

Subscribe

Related articles

FunnAI Treasury Begins On-Chain ICP Conversion to Fuel AI-Backed Token Model

The team behind funnAI has started converting over 3,000...

Clown and TRAX Link Up to Blend Music, Rewards, and On-Chain Activity

Clown has announced a new partnership with TRAX, bringing...

Wallet-to-Wallet ICP Transfers Hit 141,300, Second-Highest in 2024

The Internet Computer has registered 141,300 wallet-to-wallet transfers, marking...

OHSHII Lets Anyone Launch and Lock ICP Tokens Without Code

Launching a token or setting up vesting usually means...

LEAVE A REPLY

Please enter your comment!
Please enter your name here