MAS Payment Services Act: Why DBS Vickers is allowed to trade crypto while Binance is banned
A couple of weeks ago, Binance International (Binance.com) made the headlines in Singapore because it was ordered by the Monetary Authority of Singapore (MAS) to cease providing payment services in Singapore. A week after, DBS Vickers and The Independent Reserve, both crypto exchanges in their own right, were granted licenses by MAS. What gives? Why did DBS get the green...
Source: asiaone.com
