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Amid Global Crackdown on Binance, Singapore Regulator MAS to Follow Up Soon

Crypto exchange Binance is facing increasing pressure from regulators worldwide. After U.K’s FCA curtailed all Binance operations last week, Singapore’s topmost regulator – Monetary Authority Services (MAS) – has decided to follow up soon amid the rising global crackdown. On Thursday, July 1, the regulator noted that MAS is currently reviewing Binance’s application to provide

Crypto exchange Binance is facing increasing pressure from regulators worldwide. After U.K’s FCA curtailed all Binance operations last week, Singapore’s topmost regulator – Monetary Authority Services (MAS) – has decided to follow up soon amid the rising global crackdown. On Thursday, July 1, the regulator noted that MAS is currently reviewing Binance’s application to provide