Tag: Binance CEO Changpeng Zhao (CZ)

100 Firms Fail to Get hold of Crypto Licenses in Singapore Due to Tricky Law

More than 100 companies that requested a license to offer crypto solutions in Singapore have either been denied or withdrawn their applications. “Cryptocurrencies could be abused for money laundering, terrorism funding, or proliferation financing due to the speed and cross-border nature of the deals,” claimed the country’s central bank, the Monetary Authority of Singapore (MAS). […]

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