As cryptocurrency bourse Binance faces increasing scrutiny around the world, it is seeking a license in Singapore that could help legitimise its business. Photo: Reuters
As cryptocurrency bourse Binance faces increasing scrutiny around the world, it is seeking a license in Singapore that could help legitimise its business. Photo: Reuters

Singapore to follow up with Binance amid global regulatory scrutiny of cryptocurrency bourse

  • Binance has applied for a license to offer digital payment token services in the city state as it faces increasing regulatory scrutiny in other countries
  • The world’s top crypto bourse is being probed in the US and has been banned from doing regulated business in the UK

As cryptocurrency bourse Binance faces increasing scrutiny around the world, it is seeking a license in Singapore that could help legitimise its business. Photo: Reuters
As cryptocurrency bourse Binance faces increasing scrutiny around the world, it is seeking a license in Singapore that could help legitimise its business. Photo: Reuters
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