Binance To Revive Bid For Singapore Cryptocurrency Permit: Report
Singapore, a broadly crypto-friendly city-state, has previously presented challenges for Binance.
Crypto exchange Binance will have its custodial arm apply for a permit to offer cryptocurrency services in Singapore "in due course", Nikkei Asia reported today, citing executives from the unit.
Binance did not immediately respond to a Reuters email seeking comment.
Singapore, a broadly crypto-friendly city-state, has previously presented challenges for the crypto giant.
Binance Asia Services, a Singapore affiliate of Binance, withdrew its local license application in December 2021 without giving a reason beyond "strategic, commercial and developmental" considerations.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Read more on ndtv.com
