BRIEF-Monetary Authority Of Singapore Says Of The View That Binance May Be In Breach Of Payment Services Act - Spokesperson


Reuters | Updated: 02-09-2021 15:21 IST | Created: 02-09-2021 15:05 IST
BRIEF-Monetary Authority Of Singapore Says Of The View That Binance May Be In Breach Of Payment Services Act - Spokesperson
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  • Country:
  • Singapore

Monetary Authority Of Singapore: * OF THE VIEW THAT BINANCE, OPERATOR OF BINANCE.COM, MAY BE IN BREACH OF THE PAYMENT SERVICES ACT - SPOKESPERSON

* BINANCE IN BREACH FOR CARRYING ON BUSINESS OF PROVIDING PAYMENT SERVICES TO, & SOLICITING BUSINESS FROM SINGAPORE RESIDENTS WITHOUT LICENCE - SPOKESPERSON * HAS LISTED BINANCE.COM ON THE INVESTOR ALERT LIST - SPOKESPERSON

* BINANCE IS REQUIRED TO CEASE PROVIDING PAYMENT SERVICES TO SINGAPORE RESIDENTS - SPOKESPERSON * EXPECT BINANCE ASIA SERVICES TO SUSPEND FACILITATION OF TRANSFERS OF DIGITAL PAYMENT TOKEN ASSETS BETWEEN BAS & BINANCE - SPOKESPERSON

Also Read: Singapore govt, Monetary Authority of Singapore, buy shares of AAVAS Financiers

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