Crypto exchange Binance placed on Singapore's Investor Alert List following complaints
MAS warned that dealing in any cryptocurrency, on any platform, is hazardous.
Source: dealstreetasia.com
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MAS dispels misconceptions on Binance following FTX collapse
SINGAPORE - As long as cryptocurrency exchange Binance is unlicensed in Singapore, it has to continue to not court users here, the regulator said on Monday (Nov 21), after the world’s largest exchange by trading volume rolled back some of its restrictions on local customers. This comes after The Straits Times reported last Friday that some Singapore users can now...
Source: asiaone.com
S'pore licence applications of crypto firms Genesis, Gemini to take in 'material developments': MAS
SINGAPORE - A day after digital currency broker Genesis Trading and platform Gemini Trust Co suspended withdrawals, Singapore’s regulator says it will factor in these developments in their local entities’ licence applications. Read more at straitstimes.com.
Source: straitstimes.com
Regulatory Approach To Digital Assets In Hong Kong And Singapore - Fin Tech
Due to the growing popularity of digital assets, governments and regulators have had to examine their legal and regulatory frameworks to develop new laws to regulate market activities relating to this asset class...
Source: mondaq.com
FTX.com not required to migrate S'pore users to local subsidiary Quoine: MAS
FTX.com and Quoine operate as separate legal entities and users have the choice to deal with either one. Read more at straitstimes.com.
Source: straitstimes.com