, Singapore
279 views
Photo courtesy of Rami Al-zayat.

Binance to cease select Singapore services

It will be removing its app from the Singapore iOS and Google Play Store.

Cryptocurrency trading platform, Binance, will cease offering some of its products and services in Singapore after the crypto firm was flagged for possibly violating local regulations.

In an announcement on its website, Binance said that it will be removing its app from the Singapore iOS and Google Play Stores, and will cease offering the Singapore dollar (SGD) trading pairs and SGD payment options services.

Binance P2P will remove SGD trading pairs on 10 September, and advised users to complete all related P2P trades and remove related trade advertisements a day before.

The crypto firm said that it will not operate any official Telegram or online communication channels in Singapore.

Join Singapore Business Review community

Follow the link s for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.