Monetary Authority of Singapore News and Articles

Singapore regulators approved a new law, which provides stricter rules for the crypto services providers. According to the law, Singapore-based virtual service providers are required to get licensed regardless of their establishment location. Anti-money laundering and counter-terrorism guidelines...

Cryptocurrency exchange Binance has applied for a license to work in Singapore under the new law on payment services, according to Bloomberg. “We quickly applied. Singapore-based Binance has close contact with local regulators, and they have always been open to new things, ”said Binance CEO...