Mas Binance

The Monetary Authority of Singapore MAS has ordered Binance to stop providing payment services in Singapore and to cease soliciting business from Singapore residents. Binance received yesterday September 2 an order from the Monetary Authority of Singapore MAS to stop providing payment services to Singapore residents.

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MAS added that Binance Asia Services a separate entity that operates another cryptocurrency exchange platform Binancesg has submitted a licence application under the Payment Services Act.

Mas binance. MAS added that Binance Asia Services a separate entity that operates another cryptocurrency exchange Binancesg has submitted an application for a license under the Payment Services Act. MAS aware of regulatory actions against Binance. Binance Asia Services is currently exempted from holding a licence for provision of digital payment token services under the transitional.

Meanwhile yesterday 2 Jul in response to the investigations conducted by several countries against Binance Singapores MAS told the media that it is aware of actions taken by other regulators against the cryptocurrency exchange. 1 day agoMAS added that Binance Asia Services a separate entity that operates another cryptocurrency exchange platform Binancesg has submitted a. Binance Asia Services is currently exempt from holding a license to provide digital payment token services under the transitional provisions of the law.

This list includes the names of organizations and companies that have not been regulated by MAS. Binance received yesterday September 2 an order from the Monetary Authority of Singapore MAS to stop providing payment services to Singapore residents. Today Binance legal problems took a new twist.

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