Binance added some services in Singapore in "Binance. Com"

"Binance.COM, added some services in Singapore

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A major cryptocation asset (virtual currency) exchange (Binance) notified the service change in Singapore on September 27.As a result, "Binance.Singapore resident users will be restricted from some functions provided by COM from 4:00 on October 26 (at the time of the World Agreement).Functions that are restricted in usage are the "payment of statutory currency", "spot trading of cryptographic assets", "Purchase cryptographic assets using statutory currency", "BINANCE LIQUID SWAP (by providing fluid in the pool)" in Singapore.It is a service that gets fees and interest).Binance has been announced by notifications to respond to users to respond to all relevant transactions, pull out legal currency, and exchange encrypted assets."Binance.COM was added to the "Warning List (Unregistered)" of the Finance Bureau (MAS), a Singapore regulatory authority (MAS).In response, Binance has suspended the transaction pair of the legal currency "SGD (Singapaol dollar)", stops the "SGD" pay option, and deletes the application on iOS and Google Play in Singapore on the 10th.ing.At that time, CZ (Changpeng Zhao), a CEO of Binance, "Binance.Regarding some services in Singapore in COM, "Singapore users may have more service restrictions. We do not make rules. Mas is created. We follow.Please understand, "he commented on his Twitter.As you can see on CZ's Twitter, for further regulation compliance this time, "Binance.It seems that the COM "COM" will be changed again.Binance said in this announcement, "We will limit Singapore users for regulatory settlement services in line with commitment to compliance," and said, "Our purpose focuses on blockchain technology and digital assets.It is to build a sustainable ecosystem, and we hope that such initiatives will lead to the development of the industry in the local market in the long term. "In Singapore, Binance Asia Service (Binance Asia Services PTE).LTD.) The local encryption asset exchange "Binance.There is "SG (Binance Singapore)"."Binance.COM is an independent exchange.Currently, the MAS has been applied for a license and is operated under the relevant exemption measures given by the MAS.From September 13th, "Binance."SG" to "Binance.The token transfer to "Com" is no longer possible.

Shinya Otsuga (Gentosha's new economy)