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Binance Repositions In Singapore, Pivots Toward Investment & Blockchain
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The crypto exchange giant Binance says that it will shut its Singapore exchange and “refocus” its Singapore-based Binance Asia Services operations into what it calls a “blockchain innovation hub.” The move comes just days after the Singaporean subsidiary announced an investment in the Singapore-based Hg Exchange trading platform.
In a press release shared with Cryptonews.com, Binance explained that after “taking into account strategic, commercial and developmental considerations globally,”
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