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Binance removes Singapore products on platform after regulator's warning

Binance said it will restrict its services in Singapore days after the city state's central bank said it should stop offering payment services

Binance

(Photo: Bloomberg)

Reuters HONG KONG

HONG KONG (Reuters) - Binance, one of the world's largest cryptocurrency exchanges, said it will restrict its services in Singapore days after the city state's central bank said it should stop offering payment services.

Binance will stop offering Singapore dollar payment options and Singapore dollar trading pairs from Sep. 10 and remove the app from the Singapore iOs and Google Play stores, it said in a post on its website.

 

(Reporting by Alun John; Editing by Edwina Gibbs)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Sep 06 2021 | 8:39 AM IST

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