Binance Withdrawn Application For Local Cryptocurrency Exchange In Singapore

On December 13, Binance announced that it had withdrawn its license application to trade cryptocurrencies in Singapore. At this point, Binance has ended its efforts to operate a regulated cryptocurrency exchange under the supervision of the Monetary Authority of Singapore. The seller of the world's largest cryptocurrency exchange said in an emailed statement that the trading platform will be shut down and shut down on February 13 of next year. Last year, 170 companies, including Binance Asia, applied for approval from the Monetary Authority of Singapore. Binance will focus on blockchain technology. (Ten of gold)